GBPUSD, further significant downside
GBPUSD has been bearish since 23rd July. The pair has formed a descending triangle which indicates a more bearish pressure on the pair.
The break below the descending triangle could go further downside to the significant support.
Support 1: 1.24872
Support 2: 1.23651
The break below the descending triangle could go further downside to the significant support.
Support 1: 1.24872
Support 2: 1.23651
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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.