Update: The GBPUSD breaks the support

Economies.com
2024-04-10 14:55PM UTC

The GBPUSD pair bounced downwards strongly after finding solid resistance at 1.2700$, to break 1.2580$ and hint heading to achieve new bearish correction in the upcoming period, opening the way to target 1.2480$ areas as a next main station.

 

Therefore, the bearish bias will be expected for the upcoming sessions, taking into consideration that trading above 1.2580$ again will revive the chances of regaining the main bullish trend to head towards testing 1.2700$ initially.

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