GbpUsd dropped yesterday under 1.3 and, like EurUsd, has managed to recover some losses and is trading now again above this important figure.
The overall structure for GbpUsd is bearish and, with DXY preparing for rallies, I expect lower prices for this pair also.
I will look for opportunities to enter short and my soft target is 1.2850 support
The overall structure for GbpUsd is bearish and, with DXY preparing for rallies, I expect lower prices for this pair also.
I will look for opportunities to enter short and my soft target is 1.2850 support
📈 Forex & XAU/USD Channel:
t.me/intradaytradingsignals
💎 Crypto Channel:
t.me/FanCryptocurrency
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📈 Forex & XAU/USD Channel:
t.me/intradaytradingsignals
💎 Crypto Channel:
t.me/FanCryptocurrency
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.