GBP/USD Faces Critical Resistance at 1.2440: Breakout or Downtrend?
The GBP/USD (Cable) has been steadily recovering from recent lows and is now encountering key resistance at 1.2440, a crucial level within the descending channel. A successful break above this resistance could indicate a potential reversal, allowing the pair to continue its upward move after months of downward momentum. If the resistance at 1.2440 is […]