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 |