GBPUSD, “Great Britain Pound vs US Dollar”
The GBPUSD pair is forming a decline wave towards 1.2713. After the price reaches this level, a corrective phase could follow, aiming for 1.2755 (testing from below). Subsequently, a new decline wave could start, targeting 1.2655 and potentially continuing towards 1.2610. This is the first target of the downtrend.
Origin: RoboForex
