Daily Market Analysis

In-depth technical & fundamental analysis for currencies & commodities

GBP/USD: bears can't stop
GBP/USD: bears can't stop

The price is still declining. The main bearish target is the nearest support at 1.3017 - 1.2994. If a pullback from this area...

GBP/USD:
GBP/USD: "Pennant" pattern

Bears faced with support at 1.3223, so the price is consolidating near the 89 Moving Average. Also, there's a "Flag" pattern, so...

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