Medium term view - GBP-USD : Pull-back
Peaks and troughs overlap, they still define a bearish trend but it could also be an exhaustion. The next target is at $1.1880. The invalidation level is above$1.3548.Arguments :
- Prices are pulling back to the major resistance level (previously a support). The fall will resume...
DayByDay is an independent research company providing global macro and single stock analysis, recommendation and allocation based purely on behavioural finance methods. Those include long term cycle analysis, sentiment analysis, and technical trigger. DayByDay serves all clients in need of practical and precise publications to make effective market decisions, on any time horizon, from a few hours to a few years.
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.