Hi traders:
We are also seeing GBP pairs continue to get weaken, and more downside opportunities are shaping up on GBPUSD.
From my previous GBPUSD forecast, price indeed formed a reversal correction, and a bearish impulse phase pushing the price down.
After, price has consolidated again, this is a good signs of continuation price action once the correction completes.
Watch for more downside setup to the previous lows.
Thank you
DISCLAIMER:
-My forecast and analysis are NOT trading signals nor financial advice, you should not enter trades and invest solely on this information.
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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.