GBP/USD: The Downside Prevails

BY admin admin

<p>Pivot (invalidation): 1.2625 Our preference Short positions below 1.2625 with targets at 1.2560 & 1.2540 in extension. Alternative scenario Above 1.2625 look for further upside with 1.2650 & 1.2670 as targets. Comment The RSI lacks upward momentum.</p>
<p>The post <a rel="nofollow" href="https://www.actionforex.com/contributors/technical-analysis/309906-gbp-usd-the-downside-prevails-27/">GBP/USD: The Downside Prevails</a> appeared first on <a rel="nofollow" href="https://www.actionforex.com">Action Forex</a>.</p>

Leave a Comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Related Posts

Forex

Trade Of The Week: AUDNZD enters breakout mode

<p><strong>By <a href="http://investmacro.com/contributors/contributor-profile-forextime/">ForexTime</a></strong></p> <div> <div> <ul> &

Forex

China August M2 money supply +10.6% vs +10.7% y/y expected

<ul><li>Prior +10.7%</li><li>New yuan loans ¥1.36 trillion vs ¥1.20 trillion expected</li><li>Prior ¥345.9 billion</li></ul><p>The data set here i

Forex

Short-term analysis for oil, gold, and EURUSD for 15.09.2023

Hello, my fellow traders! Here's my forecast for US Crude, XAUUSD, and EURUSD made using margin zones and classical technical analysis. Based on this analysis, I made a list of entry signals for

Copyright © 2024 | WordPress Theme: Xews Lite