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Ariana_alila

Should we sell GBP/USD?

British Pound / U.S. Dollar (OANDA:GBPUSD)  
Ariana_alila Updated   
OANDA:GBPUSD   British Pound / U.S. Dollar
Trend Analysis Technical Indicators Chart Patterns GBPUSD Support and Resistance support buy SELL Forex
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trendanalysis indicator chartpattern gbpusd supportandresistance support buy sell forex
GBP/USD is facing downward pressure and has slightly dropped below the 1.2600 level during the European trading session. However, market volatility could increase towards the end of the European session, potentially necessitating a retest of the support zone at 1.2584 during the U.S. session.
Comment:
The price continues to rise and reaching the resistance level before retracing.

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