GBP/USD – Revisit to 1.2080 likely

OANDA:GBPUSD   British Pound / U.S. Dollar
Pair’s rejection at 1.2273 and a subsequent retreat to 1.22 despite the better-than-expected UK Q3 GDP release suggests the bears remain in control and are likely to take the pair lower to 1.2080 levels.

Meanwhile, only daily close above 1.23 levels would suggest bearish invalidation.
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out