Pound Sterling Price News and Forecast: GBP/USD struggles to find a positive direction

GBP/USD grapples to find a direction

Sentiment is: Negative

Technical Analysis

A Descending Triangle pattern was identified on GBP/USD at 1.26744, creating an expectation that it may move to the support line at 1.2635. It may break through that line and continue the bearish trend or it may reverse from that line.

Either a rebound or a breakout imminent on GBP/USD

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