As I mentioned in my previous analysis, 1.4 should provide a strong ceiling for GbpUsd.
Yesterday we have a strong reversal from 1.3960 proving that rallies are sold and the pair is ready to fall.
At this point, GbpUsd is trading at support and the pair is waiting for a trigger.
A break here should accelerate losses and 1.3750 could be the target
Yesterday we have a strong reversal from 1.3960 proving that rallies are sold and the pair is ready to fall.
At this point, GbpUsd is trading at support and the pair is waiting for a trigger.
A break here should accelerate losses and 1.3750 could be the target
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