The GBPUSD made a bold push to fresh highs not seen since 2022, but momentum stalled just shy of the critical 50% retracement level from the 2014 high near 1.3768.
Now the price is back in the thick of the old swing area between 1.3411 and 1.3514, and traders are battling it out for control.
? Will the bulls regroup and reclaim control? ? Or is the door now open for sellers to take back momentum?
In this video, we break down:
Why the 1.3411–1.3514 zone is a key battleground
What the failed breakout above the swing area signals
The next technical levels that will shape the pair’s direction
? Watch now to get the technical edge and stay ahead of the next big GBPUSD move.
This article was written by Greg Michalowski at www.forexlive.com.Hence then, the article about gbpusd at a crossroad breakout failure or next leg higher was published today ( ) and is available on forex live ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.
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