2024-11-13 18:22
IndustryGBP/USD: Remains bearish
We can see the pound continue to fall against the dollar today, and the momentum is still surging. The next level is expected at 1.2665, the early August low. I remain bearish on GBP/USD as long as it does not break above 1.2845 (yesterday's "strong resistance" at 1.2975). On the upside, any rally is likely to hold below 1.2810 with minor resistance at 1.2760.
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GBP/USD: Remains bearish
Hong Kong | 2024-11-13 18:22We can see the pound continue to fall against the dollar today, and the momentum is still surging. The next level is expected at 1.2665, the early August low. I remain bearish on GBP/USD as long as it does not break above 1.2845 (yesterday's "strong resistance" at 1.2975). On the upside, any rally is likely to hold below 1.2810 with minor resistance at 1.2760.
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