GBPUSD
The GBPUSD descended about 950 pips last week. I think that the pair currency would move toward monthly support (between 1970 and 1.1880)) green area and it makes triple bottom. For this week, it is price comeback to 1.2570 area if GBPUSD consolidate above 1.2200
Alternative scenario, daily candle close below 1.2200, price would expose green area.
Alternative scenario, daily candle close below 1.2200, price would expose green area.
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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.