Mihai_Iacob

Will GbpUsd break under support?

Short
FX:GBPUSD   British Pound / U.S. Dollar
Since the beginning of 2022 high of 1.37, GbpUsd is trading downwards making lower highs.
Now the pair is trading in very important 1.3 support and the pressure is clearly on the downside.
In my opinion, the pair will break this support and can drop to 1.25 in the medium term.
Sell rallies is my strategy for this pair and only the price back above 1.32 would change my bearish opinion

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