2024-12-23 18:23
IndustryGBP/USD: Keep bearish view
On Friday, GBP/USD received strong support near the downside channel resistance, but it will not enter the uptrend until GBP/USD can break through 1.2566 and then 1.2605 and stay above it. In the near term, I expect GBP/USD to maintain its downtrend and fall to the next bear target of 1.24.
Today I expect GBP/USD to trade between 1.2390 and 1.2545.
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GBP/USD: Keep bearish view
Hong Kong | 2024-12-23 18:23On Friday, GBP/USD received strong support near the downside channel resistance, but it will not enter the uptrend until GBP/USD can break through 1.2566 and then 1.2605 and stay above it. In the near term, I expect GBP/USD to maintain its downtrend and fall to the next bear target of 1.24.
Today I expect GBP/USD to trade between 1.2390 and 1.2545.
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