GBP/USD Revealed Descending Trend

<p>Yesterday, the GBP/USD exchange rate tried to surpass the weekly PP at 1.2318. During Tuesday morning, the rate tested the upper boundary of the short-term descending channel. From a theoretical point of view, it is likely that some downside potential could prevail in the market. In this case the currency pair could target the Fibo […]</p>
<p>The post <a rel="nofollow" href="https://www.actionforex.com/contributors/technical-analysis/285863-gbp-usd-revealed-descending-trend/">GBP/USD Revealed Descending Trend</a> appeared first on <a rel="nofollow" href="https://www.actionforex.com">Action Forex</a>.</p>

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