RLinda

GBPUSD ! Retest for breakout down. Do we keep falling? 🙄

Short
FX:GBPUSD   Britisches Pfund / US-Dollar
GBPUSD is falling. The national currency is weakening against the backdrop of world economic news. Yesterday the currency pair fell to the level of 1.1933 and consolidated at the level. From the opening of a new session, the price forms a downward retest and breaks through the level again.

I guess, since the trend is down, there is a local level 1.1933 on the chart, from which the price can give a strong downward movement. We expect consolidation under the level and movement to a short-term target - 1.17000

Sincerely, R. Linda!

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