The desire to save profits of pound buyers is increasing
The current of the trend indicates that the recent bullish single wave has been completed
Momentum flow has taken a downward turn again.
The price shows another downtrend in the path of the regression channel, which is confirmed by the break of the 1.2405-1.2391 support.
The failure of this support level in the 30-minute time frame increases the possibility of continued price decline to the levels of 1.2330 and 1.2282.
Momentum flow has taken a downward turn again.
The price shows another downtrend in the path of the regression channel, which is confirmed by the break of the 1.2405-1.2391 support.
The failure of this support level in the 30-minute time frame increases the possibility of continued price decline to the levels of 1.2330 and 1.2282.
Trade closed: stop reached
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.