GBPUSD medium-term analysis
As you can see in the picture, the price is in a downward channel, therefore, if it succeeds in breaking the support level of 1.18655, in the medium term, we expect it to continue its downward trend until the next support level of 1.17638.
As you can see in the picture, the price is in a downward channel, therefore, if it succeeds in breaking the support level of 1.18655, in the medium term, we expect it to continue its downward trend until the next support level of 1.17638.
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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.