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GBP/USD Reaches Oversold Region as It Declines to Level 1.0966

Technical indicators: Major Resistance Levels – 1.2800, 1.2900, 1.3000Major Support Levels – 1.1900, 1.1800, 1.1700 GBP/USD Long-Term Analysis: BearishGBP/USD is in a downtrend as it declines to level 1.0966. On September 12, buyers failed to keep the price above the 21-day line SMA. This resulted in a further downward move. Meanwhile, on September 7 downtrend, […]

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