GBPUSD is in a perfect downtrend since 2015 from 1.59, and recently was successfully rejected by 1.321.
In short term, price broke support of uptrend starting from 1.145.
Short around 1.225, 1st target = 1.214.
Continue breaking 1.214, then targeting 1.197
In short term, price broke support of uptrend starting from 1.145.
Short around 1.225, 1st target = 1.214.
Continue breaking 1.214, then targeting 1.197
Trade closed: stop reached
Trade active
sell at 1.232target = 1.22, then 1.214
Note
profit taken
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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.
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.