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stanchiam

GU aka gbpusd 1 Aug 2023

Long
British Pound / U.S. Dollar (OANDA:GBPUSD)  
stanchiam Updated   
OANDA:GBPUSD   British Pound / U.S. Dollar
Chart Patterns Trend Analysis GBPUSD
5
0
chartpattern trendanalysis gbpusd
Price is around longer term support region
Unless we see a daily close below, price should hold and reverse/bounce at least for the short term. Good luck.
Comment:
Price closed below support region 1.2714, as long price stay below, price can go lower, T1 1.261 T2 1.25, if close back above then bulls are back. Below it is bearish.
BOE rate decision in a few hours, will BOE shock us by not increasing rates and cause price to spike down?

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