GBP/USD – July 29th: The Pound Did Not Stay on the Sidelines
The premium article will be available in00:00:00
On the hourly chart, the GBP/USD pair continued its decline on Monday and, by early Tuesday, had firmly broken below the support zone of 1.3357–1.3371. As a result, the British pound may continue to fall today toward the 127.2% Fibonacci level at 1.3259. A consolidation above the 1.3357–1.3371 zone would work in favor of the pound and a potential rebound toward 1.3425 and 1.3470. The wave situation shifted in favor of the bulls but quickly reversed again. At the
Fresh articles are available only to premium users
Read analytics in early access, getting information first
Get
Download NOW!
No comments:
Post a Comment