British Pound / U.S. Dollar
Short
Updated

GBPUSD: Double Bottom potential? Why not?

You can see that I was very Bullish oriented regarding GBP pair. However, this week weekly candle looks very Bearish. I don't understand where is Bullish resistance? Why price is falling like a stone?
Note
Small gap downside is not really good sign for Bears.
Order cancelled
Trade active
Trade active
Trade closed: target reached
Order cancelled
The dangerous asset. A rigorous risk management is mandatory.

Disclaimer