GBPUSD still in range
In the previous analysis I was still neutral towards GBPUSD. Last week we saw the price break above the channel, but got rejection at the 200 EMA. So for now it looks like the major trend is still bearish and the price is still in the range. Key levels are still the same as before, namely 1.32 and 1.34, where 1.33 is the midpoint.
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.