September 4, 2019 : GBP/USD Intraday technical analysis and trade recommendations.

On July 5, a consolidation range bearish breakout was demonstrated below 1.2550 corresponding to the lower limit of the depicted consolidation range. Moreover, Bearish breakdown below 1.2385 (Broken Key-Support) facilitated further bearish decline towards 1.2320, 1.2210 and 1.2100 which corresponded to significant key-levels on the Weekly chart. In Early August, another consolidation-range was temporarily established […]