OANDA:GBPUSD   British Pound / U.S. Dollar
GBP/USD hangs near multi-month low, seems vulnerable below 1.2400 ahead of UK/US PMIs

The GBP/USD pair struggles to capitalize on the previous day's modest bounce from the 1.2230 area or a nearly six-month low and oscillates in a narrow trading band during the Asian session on Friday. Spot prices remain below the 1.2300 round-figure mark and seem vulnerable to prolonging a well-established downtrend witnessed over the past two months or so.

All signals are personal opinions, please consider carefully before participating in trading according to my signals. Thank you ❤️

Do you want to make money from trading?

Here comes the free signal: bio.link/veraciin

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.