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Thursday, March 2, 2023

Technical: GBPUSD: Keep an Eye on This 500-Pip Opportunity

Forex Factory
 
 
Alert Alert Mar 3, 2023, 12:16am
 
Technical: GBPUSD: Keep an Eye on This 500-Pip Opportunity
We've discussed the GBPUSD range between 1.1915 and 1.2445 for weeks. And with the pound once again testing range support today, it's time to pay close attention. However, although GBPUSD is trading above 1.1915 support, the lower highs recently could signal weakness. That said, you wouldn't want to short a market above such a significant support level. The ...
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