GBPUSD is in a downtrend and has broken through a weekly support level.
The market has now pulled back to retest that old support / now new resistance and we can see on Friday it began selling off again.
We therefore expect the market to continue moving down to at least the support level below, and perhaps even to 1.20
The market has now pulled back to retest that old support / now new resistance and we can see on Friday it began selling off again.
We therefore expect the market to continue moving down to at least the support level below, and perhaps even to 1.20