GBPUSD Forex Analysis - Downtrend Continuation Pattern Forming

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

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

Price has rallied back to the 79% fib retracement level of the daily range.

1.2745 the 79% fib retracement level.

Watching for price to rally and fail at this intraday resistance level for a further decline targeting 1.2479 the 127% extension level.

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