GBP/USD: Potential descending triangle could be forming with support at 1.1920 levels – OCBC

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GBP/USD: Potential descending triangle could be forming with support at 1.1920 levels – OCBC
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GBP/USD: Potential descending triangle could be forming with support at 1.1920 levels – OCBC GBPUSD Technical Analysis Riksbank

are not showing a clear bias. But on the weekly chart, bullish momentum is fading.”

“On price action, a potential descending triangle could be forming with support at 1.1920 levels . A decisive break to the downside could fuel more downward pressure. Next support at 1.1840, 1.1720 levels.” Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets.

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