GBPUSD MAY BE HEADING LOWER. AS TWO PATTERNS IN MY MIND WHICH TARGET 1.2670 AND 1.2550. LOOKING FOR A STRENGTH IN US DOLLAR WHICH MAY PUSH CURRENCIES LOWER !!!
Note
LONGTERM OUTLOOK IS BEARISH BUT THIS WEEK IMPORTANT RELAESES OF DATA ON POUND I EXPECT POUND TO RALLY AND LOOK FOR EXHAUTION CANDLE ON HOURLY WHICH MAY BE ENTRY FOR SELL OR 0.618 RETRACE OF THE DOWN MOVE ROUGHLY 1.3416Note
The outlook remains short and the target very much likely this month
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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.