After GBPUSD experienced a price rejection from the trendline last week, coupled with a bearish engulfing candle, I anticipate the price to reach the support level at 1.20413. At that point, we may witness a price reversal, or if the support is broken, it could signal a bearish continuation down to 1.18159 support level.
What are your thoughts on this analysis? Please feel free to share your comments
What are your thoughts on this analysis? Please feel free to share your comments
