From year 1971 to 2024 GBPUSD is dropping on yearly basis, now it is under consolidation phase from last 5-6 years getting stabilisation in a range between 1.40 to 1.10 , during this stabilisation perion of time which may extend upto more than few more years, what I feel is GBPUSD may give a potential break out or break down if it breaks above 1.40 then a 50000 pips will be on the card
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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.