GBP/USD Bulls have failed to break the key level 1.2520 so far. Repeated failure at this level will probably lead to decline in price.
However, for the buyers, 1.2520 must be broken clearly for uptrend to resume.
My bias for GBP/USD is tilted to the downside. However, I am waiting for some more signs before entering a short trade.
However, for the buyers, 1.2520 must be broken clearly for uptrend to resume.
My bias for GBP/USD is tilted to the downside. However, I am waiting for some more signs before entering a short trade.
