GBP/USD Retests Broken Trendline: Sharp Fall Ahead?

4 624
GBP/USD has broken below a strong rising trendline support and is now trading at a critical support zone.

The price is currently retesting the broken trendline.

If it fails to hold this key support, we anticipate a sharp decline in the coming sessions. Monitor this level closely for confirmation.

DYOR, NFA

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.