The GBP/USD pair has been showing signs of exhaustion after a recent rally, and I'm looking for a potential pullback to enter a short position.
While GBP/USD has shown resilience, the technical and fundamental setup suggests a potential short opportunity on a pullback. Confirmation through price action (e.g., bearish engulfing patterns, break of structure) will be crucial before entering.
While GBP/USD has shown resilience, the technical and fundamental setup suggests a potential short opportunity on a pullback. Confirmation through price action (e.g., bearish engulfing patterns, break of structure) will be crucial before entering.
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.
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.