GBPUSD is testing the lower trendline

GBPUSD Pound Sterling vs US Dollar
GBPUSD is testing the lower trendline

GBPUSD is testing the lower trendline of the ascending channel, and the MACD histogram confirms bearish dominance in the short term. However, there is an FVG above, acting as a magnet for the price.


⤵️ A break below the trendline at 1.3500 will send GBPUSD down to 1.3460;

⤴️ A rebound will push the price back to 1.3580.

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