British Pound / U.S. Dollar
Short
Updated

GBPUSD

123
The pair has been on a downside on the monthly. this week it hit its peak of 1.40362. the highest in 3 years. The pair has been overbought using William %R. which indicates that Short opportunities are beginning. if it will break 1.39400 barrier then it can go down to 1.14242 an area it last visited on March 2020
Note
It is still bearish
Note
Still on track... our Take profit is at 1.3700

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.