GBPUSD is trending to the downside today to start the week on the backfoot. Last week the USD finished strongest of the major currencies, and we are seeing that continued today. Technically the pair has broken the ascending trendline, and is below the moving average ribbon. We anticipate continued downside.
Trade closed: target reached
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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.