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GBPUSD trims more gains after bearish channel breakout Technical signals remain negative; support at 1.2670 GBPUSD bears powered up on Tuesday with scope to fight the 200-day simple moving average (SMA) and the support trendline from the 2022 low at 1.2670, which triggered the April-July bull trend. Notably, the 50% Fibonacci retracement of this upleg […]

The post GBPUSD Drops Out of Bullish Channel appeared first on Action Forex.

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29/08/2024

Euro Tests Key Levels Ahead of Inflation Data

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