The (GBPUSD) price declined slightly in its last intraday trading, preparing to break the current support at 1.3110, which represents our expected target in our previous analysis, amid the continuation of the dynamic pressure that is represented by its trading below EMA50, which reduces the chances of the price recovery on the near-term basis, amid the full dominance of the main bearish trend on the short-term basis and its trading alongside trendline.
Origin: Economies
