GBP/USD bears are in the market and eye a breakout to target H-4 neckline.
GBP/USD is pressured below the prior week's lows but remains on the front side of bullish trendline.
On the daily chart, we are colling on the front side of the bearish trend and tinkering on the edge of a bearish breakout.
The four-hour chart shows the bears moving from resistance and a 50% mean reversion level.
GBP/USD is pressured below the prior week's lows but remains on the front side of bullish trendline.
On the daily chart, we are colling on the front side of the bearish trend and tinkering on the edge of a bearish breakout.
The four-hour chart shows the bears moving from resistance and a 50% mean reversion level.
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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.