GBP/USD: the currency pair may test the level (2/8)

28.12.2022

Four-hour chart GBP/USD. The currency pair continues to hold below the four-hour supertrend line. This is a signal of continuation of the downward movement. At the same time the price is quite close to the level of 1.1963 (2/8) from which we can expect the resumption of upward movement. That is why today we can expect mixed directional trades.

Recommendations: Buy 1.1963 TP 1.2120