GU continues to decline, plunging into the abyss

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Hello dear readers! Are you wondering about the upcoming GBPUSD market?

Taking a look at the overall picture on our chart, it seems that the downtrend shows no signs of cooling down. GU continues to plummet to record lows in recent months and has not found support at the 1.231 price level. Therefore, it's not surprising that next week, when GU continues to decline, it won't be a big surprise.

Selena believes that the next target for GU could be a low price of 1.205, and then it will find strong support there and bounce back.

What about you? What do you think about the upcoming market?
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good luck everyone
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Ready to trade for the new week
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GU continues to decrease, the next scenario may occur
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GBP/USD hangs near multi-month lows
ForexGBPUSDHarmonic PatternsTechnical IndicatorsintradaytradeoptionsstrategiesselenaTrend Analysis

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