GBP/USD settled at 1.2795, a level that was last seen in July, not far from a weekly low of 1.2762.
In the daily chart, the bearish case is clear, as the pair is now well below its 20 DMA.
Technical indicators have decelerated but stand at daily lows within negative levels.
Support levels: 1.2760 1.2715 1.2665
Resistance levels: 1.2840 1.2885 1.2930
Please follow or like :)
In the daily chart, the bearish case is clear, as the pair is now well below its 20 DMA.
Technical indicators have decelerated but stand at daily lows within negative levels.
Support levels: 1.2760 1.2715 1.2665
Resistance levels: 1.2840 1.2885 1.2930
Please follow or like :)
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.
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.