Category: Forex News, News
The GBPUSD price tests the support base – Forecast today
KILT/USD kept falling in the intraday levels, amid the dominance of the main downward trend in the medium term, while trading alongside the secondary short-term trend line, with negative pressure due to trading below the 50-day SMA, coupled with negative signals from the RSI despite settling at oversold levels.
Therefore we expect more losses for the price, targeting the support of $0.034, provided the resistance of $0.121 holds on.
Trend forecast for today: Bearish
Written by : Editorial team of BIPNs
Main team of content of bipns.com. Any type of content should be approved by us.
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