GBPUSD continues to plummet downhill
Updated
Hello dear traders, today the GBPUSD pair continues its downward trend, currently consolidating its gains at 1.2198 and showing no signs of stopping.
My short-term target is at 1.2305. In the long run, this currency pair may continue its downward trend with a rejection at the previous resistance level. It is possible that GU will aim for the nearest low at 1.1800. This downward trend will continue unless there is any supportive news for this currency pair.
My short-term target is at 1.2305. In the long run, this currency pair may continue its downward trend with a rejection at the previous resistance level. It is possible that GU will aim for the nearest low at 1.1800. This downward trend will continue unless there is any supportive news for this currency pair.
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