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GBP/USD Potential Downward Movement

Started by forex4you, May 27, 2023, 08:57 am

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GBP/USD Potential Downward Movement

GBP/USD Long-Term Trend: Bearish Key Resistance Levels: 1.23767, 1.24135, 1.24740 Key Support Levels: 1.23412, 1.23136, 1.22959 4-Hour Chart: The price on the higher time frame has been in a downtrend recently after it tested a resistance level of 1.25844 and reversed. The pair has continued to break a few support levels which suggests bearish bias. …


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