GBP/USD Short-Term Downtrend
GBP/USD is declining in the short term, moving within a parallel descending channel. If the pair fails to break above both the channel and the 1.2680 resistance, consider a sell opportunity.
Pay attention to the 1.2610 support area, where GBP/USD may gain momentum or break lower toward the bottom limit of the channel.
Wishing you successful trades! Don’t forget to share your thoughts in the comments!
Pay attention to the 1.2610 support area, where GBP/USD may gain momentum or break lower toward the bottom limit of the channel.
Wishing you successful trades! Don’t forget to share your thoughts in the comments!
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