๐ท๐ตGBP/USD Continued Declines๐ท๐ต
๐ท๐ตSince the declines that took place on 15 December, GBP/USD is still holding below the resistance zone marked on the chart.
๐ท๐ตThere is an evident lack of upside strength and buying interest.
๐ท๐ตThe support zone remains unchanged.
๐ท๐ตI expect that over the next few weeks a move up to the 1.16 area is very possible.
๐ท๐ตLooking at the MACD and RSI I have no doubts about the price direction.
๐ท๐ตThe scenario I am playing out is a continuation of the decline. I'm aware of the possibility of a correction at any time, this should be taken into account, If the outlook changes I will publish a post with an update, so I encourage you to actively follow the profile and read the description carefully.
๐If you appreciate my work and effort put into this post then I encourage you to leave a like and give a follow on my profile.๐
๐ท๐ตSince the declines that took place on 15 December, GBP/USD is still holding below the resistance zone marked on the chart.
๐ท๐ตThere is an evident lack of upside strength and buying interest.
๐ท๐ตThe support zone remains unchanged.
๐ท๐ตI expect that over the next few weeks a move up to the 1.16 area is very possible.
๐ท๐ตLooking at the MACD and RSI I have no doubts about the price direction.
๐ท๐ตThe scenario I am playing out is a continuation of the decline. I'm aware of the possibility of a correction at any time, this should be taken into account, If the outlook changes I will publish a post with an update, so I encourage you to actively follow the profile and read the description carefully.
๐If you appreciate my work and effort put into this post then I encourage you to leave a like and give a follow on my profile.๐
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๐ฒ To keep up to date with all my activities I invite you to visit my Telegram ๐ฒ
๐ฒ www.t.me/Investmatez ๐ฒ
๐ซ๐ซ๐ซ๐ซ๐ซ๐ซ๐ซ๐ซ๐ซ๐ซ๐ซ๐ซ๐ซ๐ซ๐ซ๐ซ๐ซ๐ซ๐ซ๐ซ๐ซ๐ซ๐ซ๐ซ๐ซ๐ซ๐ซ