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 ❤️
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 ❤️
