GBPUSD broke ascending support line, potential drop to 1.400
Price has broke a short term ascending support line triggering a potential drop to support at 1.4000.
1.4104 remains the key level to be broken as a downside confirmation to trigger a further move down because price has bounced from that level multiple times previously.
It's worth noting that price has a strong bearish divergence vs RSI that stretches all the way back to mid-May 2021.
1.4104 remains the key level to be broken as a downside confirmation to trigger a further move down because price has bounced from that level multiple times previously.
It's worth noting that price has a strong bearish divergence vs RSI that stretches all the way back to mid-May 2021.
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Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
Follow and Trade this analysis from your Charts. FXCM now Integrated with TradingView. Contact FXCM for more information.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.