GBPUSD Downtrend Set to Continue

GBPUSD talking points: – After touching a 2018 high of 1.4377 on April 17, GBPUSD has dropped back below the psychologically significant 1.40 level. – Now those losses look set to be extended, with the February and March lows the initial targets. Check out the IG Client Sentiment data to help you trade profitably. And […]

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GBP/JPY Faces Biggest Test of Month Long Downtrend

GBP/JPY near-term slope identified off the lows Updatedtargets & invalidation levels Short-bias at risk while above 131 GBPJPY Daily Chart Created Using TradingView Broader Technical Outlook: GBPJPY has been probing the 2011 trendline support for the past few months with the most recent pullback rebounding off basic slope support extending off the July lows. The […]