On the daily chart, GBPUSD is running below the downward trend line, and the bearish trend is dominant. At present, attention can be paid to the resistance near 1.2500. If the rebound is blocked, consider continuing to short. The support below is around 1.2300.
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.
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.