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Forex news -forex broker review => Forex => Topic started by: PocketOption on Mar 15, 2022, 05:02 am

Title: GBP/USD: Bears May Take a Breather Before Push through Psychological 1.30 Support
Post by: PocketOption on Mar 15, 2022, 05:02 am
GBP/USD: Bears May Take a Breather Before Push through Psychological 1.30 Support

Cable is consolidating above new 2022 low (1.3009) the lowest since Nov 2020, as bears face headwinds from psychological 1.30 support and oversold daily studies. Bounce is likely to correct the latest fall, with RSI on daily chart emerging from oversold territory and supporting the notion, but MA\s in full bearish configuration and strong bearish […]


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Source: GBP/USD: Bears May Take a Breather Before Push through Psychological 1.30 Support (https://www.actionforex.com/contributors/technical-analysis/434442-gbp-usd-bears-may-take-a-breather-before-push-through-psychological-1-30-support/)