GBP/USD: Struggles at Resistance, Risks of Weak Oscillation Pers

25 Mar

During the European session on Tuesday, GBP/USD held steady above 1.29000. However, the technical outlook maintained a bearish bias. The US dollar strengthened due to upbeat data, suppressing the rebound of the British pound. The exchange rate faced resistance at key resistance levels when attempting to rise.

If it fails to break through these resistance levels, in the short term, it may continue the weak, oscillatory downward trend, and the downside risks still remain. The market lacks strong momentum, and overall, it stays in a weak, oscillatory pattern.

GBPUSD
sell@1.29600-1.29900
tp:1.28800

I will share trading signals every day. All the signals have been accurate for a whole month in a row. If you also need them, please click on the link below the article to obtain them.

26 Mar

İşlem aktif

If you are trading following my signals, congratulations on making a certain amount of profits. This market is so cruel, I hope you can break through the siege.