GBPUSD Bearish Phase Point Towards The 1.3100 Price Range.

2019-12-17 14:42:22

Technical Analysis:


GBPUSD price retracement priced at 1.33/35 level, a Short entry range.

GBPUSD immediate short phase target priced at 1.318 in subsequent trading days.

GBPUSD price successfully breached the 1.338 yearly resistance to test the 1.35 higher high last week.

GBPUSD MACD indicator signals a diminishing bull volumes as price bull momentum slows in pace.