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12.09.202307:25 Forex Analysis & Reviews: Technical Analysis of Daily Price Movement of GBP/USD Main Currency Pairs, Tuesday September 12 2023.

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Exchange Rates 12.09.2023 analysis

If we look on the daily chart of the Cable, then it will shows that this main currency pairs are trying to go downside below the level 1,2464 and if this level successfully broken below the level 1,2415 and 1,2367, it will become the target to be addressed but you need to pay attention because currently GBP.USD is on the Discount area so the Cable will reverse its direction and go back up especially if it is manage to break above the level 1,2560.

(Disclaimer)

Arief Makmur
Analytical expert of InstaForex
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