GBPUSD recently broke out from this downward sloping trendline. But failure to hold the support at 1.3120-10 will re-inforce the downtrend.
2 negative weekly bars on HA point towards downward bias.
Overall USD weakness sentiment makes this level for GBPUSD crucial.
2 negative weekly bars on HA point towards downward bias.
Overall USD weakness sentiment makes this level for GBPUSD crucial.