Dear friends, escaping the price hike has caused an impressive decrease in product prices. At the time of writing, the price is trading around a stable level of 1.2665, with a downward trend on the 1-hour timeframe. Data from the United Kingdom is still limited this week, and the market is focused on important figures to update expectations of interest rate cuts from the Fed. It is expected that the downward trend of GBP/USD will continue in the near future. The target of 1.2621 continues to …
GBPUSD: Correction and bearish for FX:GBPUSD by RalphBenjaminTrading
Dear friends, escaping the price hike has caused an impressive decrease in product prices. At the time of writing, the price is trading around a stable level of 1.2665, with a downward trend on the 1-hour timeframe. Data from the United Kingdom is still limited this week, and the market is focused on important figures…
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