EmiLy-Signals

The price of the British pound today seems to continue to declin

Short
FX:GBPUSD   British Pound / U.S. Dollar
Hello traders, what are your thoughts on GBPUSD? The price of GBPUSD is currently trading below the minor support level of 1.2500, raising doubts about tightening policies. Traders are expecting the price to rise towards the resistance level mentioned above and then potentially experience a gradual short-term decline.

Wishing all traders good luck.
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.