GBP/USD Corrects Lower, Why Dips Could Be Limited

Today's Key Highlights: GBP/USD failed to clear 1.4000 and corrected lower. A key declining channel is forming with resistance near 1.39...


Today's Key Highlights:

GBP/USD failed to clear 1.4000 and corrected lower.

A key declining channel is forming with resistance near 1.3910 on the 4-hours chart.

EUR/USD could decline heavily if there is a clear break below 1.1740.

Gold price dropped sharply below the $1,750 support, crude oil price is also struggling below $70.00.

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