Hello Traders! 👋
What are your thoughts on GBPUSD?
GBP/USD has broken below a trendline and has completed a retest (pullback) to the broken level.
The pair is now positioned for a potential downward move.
After some short-term consolidation, we expect price to drop at least toward the next identified support level.
As long as GBP/USD stays below the broken trendline, the bearish bias remains valid, and further downside is likely.
Don’t forget to like and share your thoughts in the comments! ❤️
What are your thoughts on GBPUSD?
GBP/USD has broken below a trendline and has completed a retest (pullback) to the broken level.
The pair is now positioned for a potential downward move.
After some short-term consolidation, we expect price to drop at least toward the next identified support level.
As long as GBP/USD stays below the broken trendline, the bearish bias remains valid, and further downside is likely.
Don’t forget to like and share your thoughts in the comments! ❤️
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Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
✅MY FREE FOREX &CRYPTO SIGNALS TELEGRAM CHANNEL:
t.me/+1gFAIO4CJJw3NTU0
✅INSTAGRAM:
instagram.com/marketanalaysis
t.me/+1gFAIO4CJJw3NTU0
✅INSTAGRAM:
instagram.com/marketanalaysis
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.