MonoCoinSignal

Relative Pressure On The Pound!

FX:GBPUSD   British Pound / U.S. Dollar
Hello, dear TradingView members.

Today, GBPUSD has the highest positive correlation with EURUSD and the highest negative correlation with USDCHF.

Technical Analysis:
The market failed to break through the daily bottom and rose to the 1.1550 range in the EMA50 average range.

For today in the 30-minute time frame, downward tendencies are evident, but the continuation of this decrease is conditional on remaining below the price range of 1.1445-1.1455. In this case, a decrease to the 1.1450 area can be expected. If this resistance is broken, it should be flexible and expect a cross-sectional growth up to the range of 1.1600.

Good luck!

🥇Join our free Telegram channel and claim your trial ➜ t.me/monocoin_public

🥇Enjoy a 7-day free trial of our services with Cornix

👤Admin ➜ t.me/monocoin_admin
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.