यह भी देखें
27.11.2023 11:31 PM
The GBP/USD pair faced a strong resistance near 1.3200 and started a fresh downtrend.
It broke the 1.2800 then 1.2600 support levels on a H4 candlestick and extended its decline towards 1.2500 where the pair showed some indecision in a tight range before resuming its bearish trend.
The next target for the bears was located around 1.2150, where another zone of indecision has been established.
A break below 1.2100 level could open the doors for more losses towards 1.1850. However, significant bullish recovery has been expressed upon the repeated visits that occurred during this month.
On the other hand, the current bullish recovery is being challenged around 1.2650 where a previous consolidation range was established.
That's why, Price action should be watched cautiously for determining the next destination for the pair.
Your IP address shows that you are currently located in the USA. If you are a resident of the United States, you are prohibited from using the services of InstaFintech Group including online trading, online transfers, deposit/withdrawal of funds, etc.
If you think you are seeing this message by mistake and your location is not the US, kindly proceed to the website. Otherwise, you must leave the website in order to comply with government restrictions.
Why does your IP address show your location as the USA?
Please confirm whether you are a US resident or not by clicking the relevant button below. If you choose the wrong option, being a US resident, you will not be able to open an account with InstaTrade anyway.
We are sorry for any inconvenience caused by this message.
