August 28, 2019 : GBP/USD Intraday technical analysis and trade recommendations.
On July 5, a consolidation range bearish breakout was demonstrated below 1.2550 corresponding to the lower limit of the depicted consolidation range. Moreover, Bearish breakdown below 1.2385 (Prominent Bottom) facilitated further bearish decline towards 1.2320, 1.2270 and 1.2100 which corresponded to significant key-levels on the Weekly chart. The previously-mentioned price levels were risky for having […]