Alexia, hello everyone.
Currently, GBPUSD is continuing its downward trend, seeking strong support at 1.210. It can be observed that this currency pair is looking for this strong support level to extend its upward price movement.
For the reasons mentioned above, the strong support level will be tested again in the near future. Consequently, it may push even higher to higher levels, as indicated on the chart.
Currently, GBPUSD is continuing its downward trend, seeking strong support at 1.210. It can be observed that this currency pair is looking for this strong support level to extend its upward price movement.
For the reasons mentioned above, the strong support level will be tested again in the near future. Consequently, it may push even higher to higher levels, as indicated on the 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.