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KaltoireCapital

GBP/USD Price Outlook: Bulls fail to break 1.2520 so far

British Pound / U.S. Dollar (FX:GBPUSD)  
KaltoireCapital  
FX:GBPUSD   British Pound / U.S. Dollar
Trend Analysis Chart Patterns Beyond Technical Analysis GBPUSD gbpusdshort gbpusdlong gbpusdsignal gbpusdanalysis gbpusdtrade gbpusdidea gbpusd_forecast
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trendanalysis chartpattern beyondta gbpusd gbpusdshort gbpusdlong gbpusdsignal gbpusdanalysis gbpusdtrade gbpusdidea gbpusd_forecast
GBP/USD Bulls have failed to break the key level 1.2520 so far. Repeated failure at this level will probably lead to decline in price.
However, for the buyers, 1.2520 must be broken clearly for uptrend to resume.
My bias for GBP/USD is tilted to the downside. However, I am waiting for some more signs before entering a short trade.

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GBP/USD Price Outlook| Contradictory signals in daily chart
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