Prior chart:
Our latest breakdown of GBP/USD has reaped a 90 pip target to the downside in just a few days. We our monitoring the price action around the 1.3480 handle and a movement lower is not to be ruled out.
We would expect a minor pullback into the moving averages and then to use them as resistance to start heading south again.
Our latest breakdown of GBP/USD has reaped a 90 pip target to the downside in just a few days. We our monitoring the price action around the 1.3480 handle and a movement lower is not to be ruled out.
We would expect a minor pullback into the moving averages and then to use them as resistance to start heading south again.