GBPUSD Forex Analysis - Downtrend Continuation From 1.2583 Daily Resistance

Join Senior Market Strategist & Trading Mentor Duncan Cooper as he watches price levels on the GBPUSD weekly, daily, and 4-hour charts.
ACY Securities | 776 days ago
Stocktwits

Join Senior Market Strategist & Trading Mentor Duncan Cooper as he watches price levels on the GBPUSD weekly, daily, and 4-hour charts.

Price declined down from the 1.2667 weekly resistance level last week.

1.2583-86 the daily resistance level and 62% fib retracement level of last week’s trading range.

Watching for price to rally and fail at this intraday resistance level for a further decline this week targeting the 1.2367 daily support level.

This content may have been written by a third party. ACY makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or other information supplied by any third-party. This content is information only, and does not constitute financial, investment or other advice on which you can rely.

Regulation: ASIC (Australia), FSCA (South Africa)
Tags: Analysis GBPUSD
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