As we can see the GBP/USD created a new supply above.
The current momentum is bearish and therefore this supply seems like a great level for sell position as a continuation trade.
The target will be the support at the bottom.
The current momentum is bearish and therefore this supply seems like a great level for sell position as a continuation trade.
The target will be the support at the bottom.
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The5ers Funding Forex Traders & Growth Program. Get Funded with up to $2.56M
We Trade Forex - Come Join Us!
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We Trade Forex - Come Join Us!
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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.