GBP/USD Could Go Downwards

<p>At the end of last week, the GBP/USD exchange rate tried to surpass the 100-hour SMA near 1.1900. During Monday morning, the rate was trading near 1.1600. Given that the currency pair is pressured by the 55-hour SMA near 1.1630, it is likely that some downside potential could occur. In this case the pair could [&#8230;]</p>
<p>The post <a rel="nofollow" href="https://www.actionforex.com/contributors/technical-analysis/281892-gbp-usd-could-go-downwards-5/">GBP/USD Could Go Downwards</a> appeared first on <a rel="nofollow" href="https://www.actionforex.com">Action Forex</a>.</p>

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