GBPUSD Failed to create higher highs upon USD weakness, and begun its tumble when the Dollar began to strengthen.
GBPUSD is currently headed to 3 years demand zone, back to the lowest level since Brexit.
As Pound's closing candle is still bearish, we are expecting GBPUSD to fall further this week before finding support.
Look for buy opportunities if price gets supported at the 3 Year demand zone.
GBPUSD is currently headed to 3 years demand zone, back to the lowest level since Brexit.
As Pound's closing candle is still bearish, we are expecting GBPUSD to fall further this week before finding support.
Look for buy opportunities if price gets supported at the 3 Year demand zone.