Британский фунт / Доллар СШАКороткая
GBP/USD: Sliding Down the Bearish Channel
GBP/USD, like an athlete losing momentum, drifts gently around the 1.2300 mark after plunging to a 14-month low at 1.2238. The 4-hour chart sketches a challenging journey, with the extended bearish channel acting as a guiding thread, while the EMA 34 and EMA 89 stand firm as “stone walls” blocking any recovery attempts in the 1.2410-1.2492 zone.
Sellers continue to dominate the field, targeting the 1.2224 support zone as a “reverse launchpad” to push prices even lower, potentially toward 1.2200. Meanwhile, hopes for a breakout above 1.2492 seem distant, as the pound struggles against the specters of inflation and the UK’s gloomy financial outlook.
Market sentiment hangs precariously ahead of the US NFP data – the ultimate card that could decide the game. Will GBP/USD find light at the end of this "bearish tunnel," or will it be consumed further by selling pressure? The coming hours promise to be a thrilling chapter in this unfolding drama.
Sellers continue to dominate the field, targeting the 1.2224 support zone as a “reverse launchpad” to push prices even lower, potentially toward 1.2200. Meanwhile, hopes for a breakout above 1.2492 seem distant, as the pound struggles against the specters of inflation and the UK’s gloomy financial outlook.
Market sentiment hangs precariously ahead of the US NFP data – the ultimate card that could decide the game. Will GBP/USD find light at the end of this "bearish tunnel," or will it be consumed further by selling pressure? The coming hours promise to be a thrilling chapter in this unfolding drama.
Похожие публикации
Отказ от ответственности
Все виды контента, которые вы можете увидеть на TradingView, не являются финансовыми, инвестиционными, торговыми или любыми другими рекомендациями. Мы не предоставляем советы по покупке и продаже активов. Подробнее — в Условиях использования TradingView.