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GBPUSD moves to new lows and looks toward 2021 lows

Started by forex4you, Mar 05, 2022, 03:16 pm

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forex4you

Mar 05, 2022, 03:16 pm
GBPUSD moves to new lows and looks toward 2021 lows

GBPUSD on the daily chart


The price of GBPUSD has moved to a new low for the day at 1.32014. Support buyers are seemingly putting a toe in the water near the natural support target. The price is trading back up at 1.3218 as I type.
Looking at the daily chart, be aware that the pair is

Source: GBPUSD moves to new lows and looks toward 2021 lows

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