Dear readers, GBPUSD continues to gain some recovery momentum as it regains the level of 1.270, but the overall and long-term trend still remains sideways.
The price is approaching the level of 1.072, which also serves as the limit of the Bollinger Band. A downward correction is expected to occur once the currency pair reaches this threshold, with targets at the support levels of 1.265 and 1.260.
The price is approaching the level of 1.072, which also serves as the limit of the Bollinger Band. A downward correction is expected to occur once the currency pair reaches this threshold, with targets at the support levels of 1.265 and 1.260.
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