GBP/USD is set to snap a winning streak, aimed to the downside on Monday after closing in the green for six consecutive trading days. The pair briefly broke out of the top side of a heavy supply zone, but failure to capture the 1.2900 handle on Friday is sending the GBP/USD back below resistance.
Despite near-term bearish momentum, the pair remains well above the 200-day Simple Moving Average (SMA) at 1.2586. The pair has climbed 3% bottom-to-top from the last major swing low into 1.2518.
Despite near-term bearish momentum, the pair remains well above the 200-day Simple Moving Average (SMA) at 1.2586. The pair has climbed 3% bottom-to-top from the last major swing low into 1.2518.
Trade active
Comment:
Running In Profit
Comment:
Hold It’ll Go Up
t.me/+kO6DJBTMyEw3ZGY0
I’m Always Here To Help You
t.me/+kO6DJBTMyEw3ZGY0
Come And Get Confirm Market Analysis
t.me/+kO6DJBTMyEw3ZGY0
I’m Always Here To Help You
t.me/+kO6DJBTMyEw3ZGY0
Come And Get Confirm Market Analysis
t.me/+kO6DJBTMyEw3ZGY0