GBPUSD: Rebound in short term?
Trend is bearish but at the same time, on intraday chart a corrective structure is possible in short term. That said, if the pair triggers a bullish (impulsive) leg, it might be interesting to take a long position on pullback. From a technical point of view, the potential technical rebound should take the shape of ABC Pattern.
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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.