Local Restrictions
Our systems have detected that you are in the European Union and as such you are now being redirected to windsorbrokers.eu which services EU clients and is operated by Windsor Brokers Ltd. 
القيود المحلية
لقد اكتشفت أنظمتنا أن موقعك داخل الاتحاد الأوروبي، وبالتالي سيتم إعادة توجيهك إلى Windsorbrokers.eu، الذي يخدم عملاء الاتحاد الأوروبي ويتم تشغيله بواسطة وندسور بروكرز ليميتد.
محدودیت های منطقه ای
سیستم‌های ما تشخیص داده‌اند که مکان شما در اتحادیه اروپا است و بنابراین شما به windsorbrokers.eu هدایت می‌شوید، که به مشتریان اتحادیه اروپا خدمات می‌دهد و توسط Windsor Brokers Ltd اداره می‌شود.

Bears hold grip and look for a signal of bearish continuation

GBPUSD remains at the back foot on Wednesday and holding just above new 11-week low at 1.2527, posted on Tuesday after 0.5% daily drop, which completed bearish engulfing pattern on daily chart, adding to negative near-term signals.

Bear-leg off 1.2746 (Aug 30 lower top) is attempting to complete a failure swing pattern on daily chart, to signal continuation of larger downtrend from 1.3141 (2023 high, posted on July 13) towards initial target at 1.2504 (Fibo 76.4% of 1.2307/1.3141) and 200DMA (1.2423) in extension).

Daily MA’s in predominantly bearish configuration and 14-d momentum sliding deep in the negative territory, contribute to bearish near-term outlook.

Sterling received a mild support from slightly better than expected UK Aug construction PMI, awaiting fresh signals from the speech of BoE Governor Bailey and US Aug non-Manufacturing PMI, which may deflate pound on better than expected Aug numbers.

Res: 1.2587; 1.2626; 1.2665; 1.2724
Sup: 1.2527; 1.2504; 1.2423; 1.2368