GBPUSD extended its downside movement from 1.4345 to as low as 1.3764. Further decline would likely be seen and next target would be at 1.3600 area. Resistance is at 1.4066, only break above this level could signal completion of the downtrend.
GBPUSD extended its downside movement from 1.4345 to as low as 1.3764. Further decline would likely be seen and next target would be at 1.3600 area. Resistance is at 1.4066, only break above this level could signal completion of the downtrend.