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GBP/USD daily chart analysis : 1.2450 on the cards?

1351
Dear traders, in the daily chart of GBP/USD, we can see that the bullish
momentum has faded in the last 6-7 days. After hitting the 1.2830 level, price
is slowly retreating.

Yesterday's daily candle is a long-legged doji which indicates indecision in the market.
However, looking at the price action it seems 1.2720 is now a solid resistance in the
hourly chart
.

So, as long as price stays below the 1.2720 level, GBP/USD can fall further to 1.26 and
eventually to 1.2450 level.
İşlem aktif
Sold@1.2735

Feragatname

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