Bearish Market price action market was in consolidation and continues into bearish trend based on news, still have yet to see a true pullback to 38.2% or Higher. Alot of News on USD and GBP , but also weaking towards inflation and a lot of dollar strength coming from the dollar. IF market continue to print lower highs and lower lows are a sign of bears any...
GBP has seen a lot of Bearish Pressure and with the failure to break and meaningful highs on the higer time frame, constant 23.6 retracements are sign of continuation/ consolidation , has struggle to break past the lows, based on the technical and market sentiment its ranging between 0.00% and 23.6 % . Any news could shoot gbp/usd in any direction right now...
