financetom
Technology
financetom
/
Technology
/
Update: The GBPUSD breaks the support
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Update: The GBPUSD breaks the support
Apr 10, 2024 10:01 AM

The GBPUSD pair bounced downwards strongly after finding solid resistance at 1.2700$, to break 1.2580$ and hint heading to achieve new bearish correction in the upcoming period, opening the way to target 1.2480$ areas as a next main station.

Therefore, the bearish bias will be expected for the upcoming sessions, taking into consideration that trading above 1.2580$ again will revive the chances of regaining the main bullish trend to head towards testing 1.2700$ initially.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Copyright 2023-2025 - www.financetom.com All Rights Reserved