My Chart idea.
We had a great chart but i was late it meets all the criteria.GBP/USD drops 0.34%, reaching a low of 1.2981 after soft UK inflation report shocks markets.
A close below 1.3000 could lead the pair to test the 100-DMA at 1.2951 and further support levels.
If bulls regain control, resistance at 1.3100 and the 50-DMA at 1.3118 are key upside targets.
A close below 1.3000 could lead the pair to test the 100-DMA at 1.2951 and further support levels.
If bulls regain control, resistance at 1.3100 and the 50-DMA at 1.3118 are key upside targets.
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