British Pound / U.S. Dollar
Short
Updated

GBPUSD continues its downtrend

Selena greets everyone, let's explore and discuss the market today.

Currently, GBPUSD continues its downward trend and there are not many signs indicating a price increase.

On the 4-hour chart, GU is still looking for a suitable level below the 1.237 price zone to establish a bottom with resistance at 1.400. Since GU has not found a reasonable stopping point, it is evident that the price will continue to decline today.
Note
What do you think about GU today? Please comment to let Selena know!
Note
Gu continued its downtrend reaching a trading level at 1,241

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