• Pound is one of the worst performing currencies against the USD
• Dovish BOE adding pressure to the pair
• The R-word was highly sensed from the last MPC meeting
• Technically, the trend is still bearish and accelerating
• Break below the descending, already bearish channel signals an acceleration in the prevailing trend
• Bears now target levels within 1.20s, ranging from 1.20 to 1.2080
• Dovish BOE adding pressure to the pair
• The R-word was highly sensed from the last MPC meeting
• Technically, the trend is still bearish and accelerating
• Break below the descending, already bearish channel signals an acceleration in the prevailing trend
• Bears now target levels within 1.20s, ranging from 1.20 to 1.2080
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.