GBP/USD is challenging the weekly lows below the 1.2700
Cable is trading just below the 200 SMA suggesting potential weakness in the medium term.
The level to beat for bears is 1.2659 support.
If broken 1.2603 can become the next target for sellers.
The level to beat for bears is 1.2659 support.
If broken 1.2603 can become the next target for sellers.
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.