GBPUSD: Price increase
Dear friends!
Today, GBPUSD has shown clear downward movements, indicating a decline. This is evidenced by the fact that the price has broken out of the uptrend channel at the time of writing, with the price trading around 1.2590, highlighting a 0.02% decrease.
Therefore, it is not surprising that we are quite optimistic that GBPUSD will continue to test support levels as mentioned on the H4 chart.
Today, GBPUSD has shown clear downward movements, indicating a decline. This is evidenced by the fact that the price has broken out of the uptrend channel at the time of writing, with the price trading around 1.2590, highlighting a 0.02% decrease.
Therefore, it is not surprising that we are quite optimistic that GBPUSD will continue to test support levels as mentioned on the H4 chart.
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Related publications
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.