Chat with us, powered by LiveChatGBP/USD Stalls at 1.2400, Bearish Trend Looms

GBP/USD Stalls at 1.2400, Bearish Trend Looms

GBP/USD Stalls at 1.2400, Bearish Trend Looms

GBP/USD Stalls at 1.2400, Bearish Trend Looms

The GBP/USD pair stabilized at the support level of 1.2400 while the bearish trend will mostly continue. A breakout of this level can take prices lower to new levels as the bearish trend is still solid.

Resistance 3

Resistance 2

Resistance 1

Support 1

Support 2

Support 3

1.3100

1.3000

1.2700

 1.2600

1.2500

1.2400

 

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