GBPUSD can't break the 1.2450 barrier and there are multiple rejections on the daily timeframe.
So, the bulls are weakening and the chances of a drop below 1.20 is increasing.
Dollar demand will push GBPUSD below 1.20 which gives sellers opportunity to make 400 pips gain.
So, the bulls are weakening and the chances of a drop below 1.20 is increasing.
Dollar demand will push GBPUSD below 1.20 which gives sellers opportunity to make 400 pips gain.