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GBPUSD Tumbles to Fresh 6-month Low, Looks Oversold
GBPUSD stuck in a steep decline since mid-July, appearing unable to recover Records consecutive multi-month lows as the bulls remain on the sidelines Given that momentum indicators are pointing at oversold conditions, can the price bounce back? GBPUSD has been forming a structure of lower highs and lower lows since its 15-month peak of 1.3141. Meanwhile, […] The post GBPUSD Tumbles to Fresh 6-month Low, Looks Oversold appeared first on Action Forex...
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Posted: Oct 3 2023, 08:43
Author Name: actionforex
Views: 113051