Prior chart:
After a recent successful 400 pip downside movement from the last chart update, we can see further bearish momentum on the horizon for this pair.
The USD strength and pressured sentiment are still active and looking over the next 12 months, we could see some very low prices on GBP/USD and other GBP pairs.
Make sure to use your trading judgment and trade safe! We will update this pair next week.
After a recent successful 400 pip downside movement from the last chart update, we can see further bearish momentum on the horizon for this pair.
The USD strength and pressured sentiment are still active and looking over the next 12 months, we could see some very low prices on GBP/USD and other GBP pairs.
Make sure to use your trading judgment and trade safe! We will update this pair next week.
