GBPUSD DAILY, STILL MORE DOWNSIDE
Bear Flag pattern has been confirmed. GBPUSD broke 1.3000,
moved below 1.2800-1798.
While below 1.2798, still bearish and potentially target 1.2675.
Anyhow, GBPUSD nearing bearish downtrend line, formed since July 2021 low.
So, any short term pullback can not be overruled.
Resistance at 1.2800 and 1.3000.
moved below 1.2800-1798.
While below 1.2798, still bearish and potentially target 1.2675.
Anyhow, GBPUSD nearing bearish downtrend line, formed since July 2021 low.
So, any short term pullback can not be overruled.
Resistance at 1.2800 and 1.3000.
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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.