#GBPUSD: Fake Downtrend Breakout? The pair has been falling quite confidently for two months now and today it is trading in the local resistance zone (
1.3270).
Today's small breakdown of the trend line, I think, will not be able to reverse the main direction of the pair's movement.
New targets are ahead: first, the local support line (
1.3190), then to the renewal of minimums to
1.3035.
Good trades friends, see you soon!
PREMUIM GROUP | ADMIN