GBPUSD - Bears Still In Control
Although GBPUSD has just recovered significantly from today's lows, the bearish bias of the currency pair is still present. We expect that the price is merely in a temporary bullish correction phase and will form new lows very soon. The OBV shows hidden bullish divergences in several time frames, which support our bearish view on GBPUSD.
Trade closed manually
Trade closed with a realized RRR of 2.3:1
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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.