The rise in GBPUSD can very easily be institutions hiding their intention to short GBP and creating a BULL trap. We have several trend lines, patterns and overbought price. There can be huge volatility but GBP is my opinion going down very soon. It will be risky to trade it for retail traders.
Note
Price rejected by trend lines. added to short position as planned. (Weekly analysis on you tube)
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🔵 Free Telegram Channel: t.me/VikinsaFx
🔴 Training: bit.ly/vikinsacorestrategyprogram
🟣 YouTube : youtube.com/vikinsa
🟡 Twitter: twitter.com/vikinsa
🔴 Reviews: bit.ly/VikinsaTrustPilotViews
🔴 Training: bit.ly/vikinsacorestrategyprogram
🟣 YouTube : youtube.com/vikinsa
🟡 Twitter: twitter.com/vikinsa
🔴 Reviews: bit.ly/VikinsaTrustPilotViews
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.