GBPUSD: Sellers Continue to Get the Advantage!
Mis à jour
Hello dear fellow travelers! What are your thoughts on the direction of GBPUSD?
Current rumors suggest GBP/USD is moving cautiously, near 1.2350, which is the lowest level since mid-November, when Tuesday's Asian session first began. The USD index is consolidating its position above 106.10, while traders patiently await global PMI data from the US and UK for April, which has kept the direction of GBPUSD becomes vague and lifeless.
However, a look at the chart shows that the pair is likely to resume its downtrend after the brief sideways period ends. GBPUSD remains on its old path below the 34 and 89 EMA pair. This consistency bodes well for bearish supporters, showing that the downtrend remains popular!
Current rumors suggest GBP/USD is moving cautiously, near 1.2350, which is the lowest level since mid-November, when Tuesday's Asian session first began. The USD index is consolidating its position above 106.10, while traders patiently await global PMI data from the US and UK for April, which has kept the direction of GBPUSD becomes vague and lifeless.
However, a look at the chart shows that the pair is likely to resume its downtrend after the brief sideways period ends. GBPUSD remains on its old path below the 34 and 89 EMA pair. This consistency bodes well for bearish supporters, showing that the downtrend remains popular!
Transaction en cours
Publications connexes
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.