GBPUSD Dec 23
The GBP/USD's ascending trend-line and 38.2% Fibonacci level of the 1.2204-1.3422 positive move. The mentioned support also near 50-day SMA, which if broken might be seen as a key trigger for bearish traders and set the stage for a near-term downfall. The pair then might turn vulnerable to break below the 1.2900 handle and slide further testing 50% Fibo. support near mid-1.280.
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.
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.