Since the beginning of 2022 high of 1.37, GbpUsd is trading downwards making lower highs.
Now the pair is trading in very important 1.3 support and the pressure is clearly on the downside.
In my opinion, the pair will break this support and can drop to 1.25 in the medium term.
Sell rallies is my strategy for this pair and only the price back above 1.32 would change my bearish opinion
Now the pair is trading in very important 1.3 support and the pressure is clearly on the downside.
In my opinion, the pair will break this support and can drop to 1.25 in the medium term.
Sell rallies is my strategy for this pair and only the price back above 1.32 would change my bearish opinion
📈 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.
📈 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.