GBP/USD Another Reversal Back to its Upper Consolidation Zone?
https://www.tradingview.com/x/YJVkVQNI/
Since May 2019, we have seen strong selling of GBP against the USD towards its lower range of its consolidation. But over the past few days, we have seen the diminishing selling pressure and seen that buying pressure is building up. Thus, target price can be drawn to 1.33 where we might see profit taking might take place again.
Since May 2019, we have seen strong selling of GBP against the USD towards its lower range of its consolidation. But over the past few days, we have seen the diminishing selling pressure and seen that buying pressure is building up. Thus, target price can be drawn to 1.33 where we might see profit taking might take place again.
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.