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The GBPUSD drops some more today, but the 1.4100 may act as support. To the upside, the 1.4300 may act as resistance.
If it breaks below 1.4100 the next immediate target is around 1.4060 - 1.4050.
If it breaks below 1.4100 the next immediate target is around 1.4060 - 1.4050.
It will not break bellow
It will not break bellow
It won't anytime soon, at least. The bearish trend is still valid though.
It won't anytime soon, at least. The bearish trend is still valid though.
Those levels are so far that it seems like a pure speculation now that they are going to be revisited. We shall see
Those levels are so far that it seems like a pure speculation now that they are going to be revisited. We shall see
That levels is not going to be reached any time soon
That levels is not going to be reached any time soon
Traders can forget those levels for some time. There will be no new brexit fear - it is controlled 100%
It broke below 1.4240 and it will most likely reach 1.4200 at least. I think it will continue falling below that.
Sharp decline today.
Sharp decline today.
Yes, I think it's falling back towards 1.4070.