@mumManish30 on GBPUSD | PriceONN Community
M
My analysis suggests a further decline in GBPUSD towards the 1.33 level in the short term. The pair has broken below several key support levels, and the overall trend remains bearish. I anticipate that the 1.3380 zone will be tested soon, and a sustained break below this level could trigger a sharper move towards 1.3350. The upside seems limited given the current risk sentiment and prevailing economic uncertainties. I would advise cautious trading and tight stop-loss placement. The 200 SMA at 1.34873 looks like strong resistance.