DeGRAM | GBPUSD psychological level of 1.25000

GBPUSD is trading in an ascending channel, and it created a divergence at resistance. 

The market is decelerating at the psychological level 1.25000. It closed below the level, which is a sign of weakness.

We expect a bearish move from the resistance; there is a false breakout of the psychological level that might lead to the pullback.


---------------

Share your opinion in the comments and support the idea with a like. Thanks for your support!