NEW Forecast of NASDAQ:GBP : By examining GBPUSD chart in the 2-hour time frame, we can see that the price is still trading below the important resistance range of 1.21750 to 1.21920. If the price stabilizes below this range, I expect the price to fall further. Note that the break of the important support of 1.21430 It is very important to continue and stabilize the bearish trend! In case of further drop, its targets are 1.21330, 1.2105, 1.20900 and 1.20700 respectively!
Best Regards , Arman Shaban