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Feb 12, 2024 9:49 AM

GBPUSD 

British Pound/U.S. DollarFXCM

Description

Is GBPUSD exhausting at resistance zone?
As the price is been on high bull run but now it seems like price is lacking bullish momentum after printing double top pattern at resistance level and bearish divergence( on lower time frame) suggesting the sell pressure is about to start.
If the bears took control , the 1st target could be 1.2570.
What you guys think of it?
Comments
denwi
so reject one more time sir?
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