GBPUSD BEARISH HEAD AND SHOULDERS PATTERN IN FOCUS
The British pound earlier fell to a fresh 2018 trading low against the US dollar, hitting 1.2657, following another day of political turmoil for the current UK government. The head and shoulders pattern across the lower time frame is now back focus, with the bearish pattern holding a downside projection greater than five hundred basis points. Buyers need to move price above the 1.2840 level to negate immediate selling pressures on the GBPUSD pair.
The GBPUSD pair is strongly bearish while trading below the 1.2695 level, key technical support is found at the 1.2657 and 1.2550 levels.
If the GBPUSD pair trades above the 1.2770 level, key resistance is found at the 1.2800 and 1.2840 levels.
The GBPUSD pair is strongly bearish while trading below the 1.2695 level, key technical support is found at the 1.2657 and 1.2550 levels.
If the GBPUSD pair trades above the 1.2770 level, key resistance is found at the 1.2800 and 1.2840 levels.
관련 발행물
면책사항
이 정보와 게시물은 TradingView에서 제공하거나 보증하는 금융, 투자, 거래 또는 기타 유형의 조언이나 권고 사항을 의미하거나 구성하지 않습니다. 자세한 내용은 이용 약관을 참고하세요.