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GBP/USD Analysis – 08.Sep.2024

GBP/USD Analysis – 08.Sep.2024

XAUUSD GOLD EURUSD GBPUSD Forex Gold Master Arman Shaban

GBP/USD Analysis: By analyzing the GBP/USD chart on the 4-hour timeframe, we can see that the price has reached a demand zone and has also created a Fair Value Gap (FVG) near its current level, which I expect to be filled in the short term. After that, I anticipate further decline in GBP/USD. The potential targets for this drop are 1.31060, 1.30870, and 1.30330.
(This Post on TradingView)

Author : Arman Shaban

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