GBP/USD Risks Falling Deeper Down

Discussion in 'Technical Analysis' started by Kaitlin, Aug 12, 2016.

  1. Kaitlin

    Kaitlin Forum Member

    Aug 29, 2015
    Likes Received:
    The Sterling was unable to maintain trade above 1.30 yesterday, but, as expected, managed to find support around the 1.2950 mark. Even though the weekly S1 and the Bollinger band keep providing immediate support, risks are still skewed to the downside. A number of US fundamentals later today could provide[​IMG]

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