GBPUSD Forex Analysis - Downtrend Continuation From 1.2583 Daily Resistance
Join Senior Market Strategist & Trading Mentor Duncan Cooper as he watches price levels on the GBPUSD weekly, daily, and 4-hour charts.
Price declined down from the 1.2667 weekly resistance level last week.
1.2583-86 the daily resistance level and 62% fib retracement level of last week’s trading range.
Watching for price to rally and fail at this intraday resistance level for a further decline this week targeting the 1.2367 daily support level.
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