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GBPUSD has not stopped with the current reduction

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Livre sterling / Dollar américain (FX:GBPUSD)  
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FX:GBPUSD   Livre sterling / Dollar américain
Trend Analysis Harmonic Patterns Technical Indicators GBPUSD options-strategy intradaytrade Forex Technical Analysis signals
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trendanalysis harmonicpatterns indicator gbpusd options-strategy intradaytrade forex technicalanalysis signals
Hello everyone! On the daily chart, the downward trend continues. After losing momentum from the level of 1.313 USD, GBPUSD is still on a decline. Additionally, market conditions seem unfavorable and with the tightening of Fed policies, GU has depreciated.

The next target for further decline can be seen at 1.2000 level, which is a strong psychological barrier.
Commentaire:
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