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GBP/USD: Bears Hold Grip and Look for Signal of Bearish Continuation
GBPUSD remains at the back foot on Wednesday and holding just above new 11-week low at 1.2527, posted on Tuesday after 0.5% daily drop, which completed bearish engulfing pattern on daily chart, adding to negative near-term signals. Bear-leg off 1.2746 (Aug 30 lower top) is attempting to complete a failure swing pattern on daily chart, […] The post GBP/USD: Bears Hold Grip and Look for Signal of Bearish Continuation appeared first on Action Forex...
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Posted: Sep 6 2023, 13:54
Author Name: actionforex
Views: 111562