GBPUSD awaits further decline
Updated
The price of the pound sterling against the dollar is creeping downward, and continues to move within the bearish intraday channel that appears in the chart, waiting to test the 1.2695 level as the next main target.
Moving below the EMA 50 supports the suggested negative scenario, taking into account that breaching 1.2767 will stop the downward wave and lead the price to regain the main upward path again.
The expected trading range for today is between support 1.2720 and resistance 1.2767
Moving below the EMA 50 supports the suggested negative scenario, taking into account that breaching 1.2767 will stop the downward wave and lead the price to regain the main upward path again.
The expected trading range for today is between support 1.2720 and resistance 1.2767
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Hello everyone,Update Today
GBPUSD , if he stays in this area , he will try to descend further
until it reaches 1.2667 and 2.2635
But if it rises agin an goes above 1.2720 , it will try to raise
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