GBPUSD: Is the daily bullish streak still possible?
Updated
Hello dear friends! Today, GBPUSD continues its sideways movement with little change from the beginning of the week.
On the daily chart, GBPUSD still maintains its upward trend, but any significant breakout from this trend could lead to a considerable price decrease. Holding onto this upward momentum and establishing 1.6365 as a new support level, our target of 1.2900 remains emphasized at this time.
Considering the current situation and the risk of news, what are your expectations for GBPUSD? Share your opinions below.
On the daily chart, GBPUSD still maintains its upward trend, but any significant breakout from this trend could lead to a considerable price decrease. Holding onto this upward momentum and establishing 1.6365 as a new support level, our target of 1.2900 remains emphasized at this time.
Considering the current situation and the risk of news, what are your expectations for GBPUSD? Share your opinions below.
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