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Your email address will not be published.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

EURCHF Bears’ Patience Rewarded for Now

<p>EURCHF is trading at a new 2023 low as the breakout from the 10-month-old rectangle appears to be valid. This is the lowest EURCHF print since September 30, 2022 with the pair not being very

Forex

NASDAQ Index, SP500, Dow Jones Forecasts: Bullish Trends and Year-End Optimism

<p>With the S&#38;P 500 nearing an all-time high and the Dow Jones showing positive momentum, Wall Street anticipates a strong finish fueled by the ‘Santa Claus Rally’.</p> <p>Th

Forex

EURUSD and GBPUSD: EURUSD is holding above 1.09500

<div><img width="1000" height="667" src="https://www.financebrokerage.com/wp-content/uploads/2022/03/shutterstock_1311823778.jpg" class="attachment-post-thu

Copyright © 2024 | WordPress Theme: Xews Lite