Search
Products
Community
Markets
News
Brokers
More
EN
Get started
Community
/
Ideas
/
GBP/USD dropped sharply after breaking the 1.2590 support zone
British Pound / U.S. Dollar
GBP/USD dropped sharply after breaking the 1.2590 support zone
By Ariana_alila
Follow
Follow
Mar 29
3
7
Mar 29
GBP/USD is under relentless selling pressure, dipping just below the 1.2600 mark during Thursday's European trading session.
The resurgent dominance of the US Dollar (USD) has exerted a formidable force on GBP/USD throughout the latter part of the week.
It is expected that the price will drop sharply if it breaks the support zone of 1.2590.
buy
Chart Patterns
Forex
GBPUSD
Technical Indicators
resistence
SELL
support
Trend Analysis
Ariana_alila
Follow
Related publications
What do you think about USD/JPY?
by Ariana_alila
BTC Market Analysis
by Ariana_alila
Gold Forecast is to rise
by Ariana_alila
EUR/USD dips below 1.0800, forecasting a notable decline
by Ariana_alila
USD/JPY is holding steady at 151.40 and is expected to decline
by Ariana_alila
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
.