GBPUSD:Sharing of the Trading Strategy for Next Week

229
All the trading signals this week have resulted in profits!!! Check it!!!👉👉👉

Fundamental Analysis:
While the Bank of England has rate-cut expectations, markets are divided on the magnitude of the cut, and the UK economy faces uncertainties such as trade risks.
Uncertainties persist regarding the impact of U.S. economic data on the U.S. dollar’s strength, and the effects of Trump’s policies on the economic and monetary policies of both countries remain to be seen.

Technical Analysis:
Short-term momentum is weak, with MACD histogram continuing to show negative values, indicating strong bearish pressure. A failure to break above overhead resistance may extend the downward trend.
Key support lies near 1.13378, while resistance is seen around 1.13533.

Trading Recommendations:
Aggressive traders may initiate light short positions near the resistance zone.

Trading Strategy:
Sell@1.14000-1.13500
TP:1.13300

Share accurate trading signals daily—transform your life starting now!
👇 👇 👇 Obtain signals👉👉👉

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.