GBPUSD is accelerating its fall after the breakdown of the downward channel. The price stops at 1.24000 and rolls back to 1.26000, forming a side range. After the level is confirmed, the price returns for testing, but rolls back after a false breakout.
I expect the price to fall from the resistance level of 1.2595. The trend is down and can help the price reach our target - 1.2485
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.