GBPUSD 1H Showing signs of weakness
Atualizado
The GBPUSD pair appears to be displaying signs of weakness, with the upward bias on the 1-hour chart appearing to fade. If the price closes below the channel or trendline, I expect it to reach the 1.23250 and 1.231300 price levels. Share your thoughts on this and don't forget to follow me for updates.
Trade ativo
The Flash Services PMI data 48.0 released wasn't what market participants expected. This resulted in the GBP or Cable sell-off. Figures below 50 is usually not healthy for the manufacturing sector. Target reached @1.23250Trade fechado: objetivo atingido
Target reached
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