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FX.co ★ Technical Analysis of Daily Price Movement of GBP/USD Main Currency Pairs, Tuesday, September 26 2023.

Technical Analysis of Daily Price Movement of GBP/USD Main Currency Pairs, Tuesday, September 26 2023.

Technical Analysis of Daily Price Movement of GBP/USD Main Currency Pairs, Tuesday, September 26 2023.

On the daily chart of Cable, Seller seems dominates this main currency pairs where this thing confirmed by the movement below its Moving Average as well as the appearance of Bearish 123 pattern followed by Bearish Ross Hook so that in the next few days GBP/USD has the potential to nosedive below to test the level of 11,2009 as long as on the way to this level there is no upward correction which exceed level 1,2546 because if this level successfully broken above, then the downward scenario that has been described will be invalid.

(Disclaimer)

*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade
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