GBP/USD -2.75% exchange rate correction to GBP/USD 1.144
GBP/USD chart technical points are interesting. The Lagging span line has turned down at a straight horizontal line that I prefer to identify as the local max derivative at GBP/USD 1.1850, from where GBP/USD it's going to drift lower, the price action could be mostly skewed on the sell side on the Pound.
The GBP/GBP trendline continues the Bear trend below the Senkou A/B nuage, also the Tenkan line has not crossed the Kijun line, these continue to be Bear Trend technicals and the GBP/USD exchange rate could be depreciating going forward.
The GBP/GBP trendline continues the Bear trend below the Senkou A/B nuage, also the Tenkan line has not crossed the Kijun line, these continue to be Bear Trend technicals and the GBP/USD exchange rate could be depreciating going forward.