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DAY_PROFITS
Jun 8, 2023 11:55 AM

GBP/USD:Bearish Channel Holds,Price Recovery Remains Challenging Short

British Pound/U.S. DollarFXCM

Description

The GBP/USD currency pair remains confined within a persisting Bearish channel, characterized by a downward trend. Notably, yesterday, the price experienced a significant rebound upon reaching the 61.8% Fibonacci retracement level. As of today, the price is displaying some efforts to regain its lost value; however, our overall perspective remains inclined towards a bearish outlook for this particular pair.
Comments
JoeChampion
I agree on USD strength, thanks!
fulnetwork
Bad signal !!! People, after 5 hours ,check now the 1h Time F. GBPUSD. .....,, our overall perspective remains inclined towards a bearish outlook for this particular pair. ''
But was bulish !!!!!!!!!!!!!!!
vf_investment
Good job!
WalterMoon
Good work man, absolutely agree about GBPUSD
DAY_PROFITS
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