GBPUSD: Bearish Outlook For Next Week Explained 🇬🇧🇺🇸

28 במאי 2023

The month of May turned out to be quite bearish for GBPUSD:
the pair keeps breaking multiple supports.

An important demand zone was broken last week.
1.2345 - 1.2408 are turned into a strong resistance now.

I willl expect a bearish reaction from that at least to 1.2285.

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