🔔🔔🔔GBP/USD news:
➡️ The daily recovery of GBP/USD seems to have met some temporary resistance just above the 1.3200 level on Monday. The pound remains well on the defensive amid renewed buying interest in the greenback. The US dollar has strengthened further following the agreement between the US and China to significantly reduce tariffs and implement a 90-day truce.
Personal opinion:
➡️ The positive US-China trade deal has led to a strong recovery in the strength of the USD, and today's economic calendar will not have any data that will have a major impact on the GBP/USD pair. Therefore, the downtrend of this pair remains intact.
➡️ Analysis based on important resistance - support and Fibonacci levels combined with price action to come up with a suitable strategy
Personal Plan:
🔆Price Zone Setup:
👉Sell GBP/USD 1.3190- 1.3200
❌SL: 1.3235 | ✅TP: 1.3130 - 1.3060
FM wishes you a successful trading day!
➡️ The daily recovery of GBP/USD seems to have met some temporary resistance just above the 1.3200 level on Monday. The pound remains well on the defensive amid renewed buying interest in the greenback. The US dollar has strengthened further following the agreement between the US and China to significantly reduce tariffs and implement a 90-day truce.
Personal opinion:
➡️ The positive US-China trade deal has led to a strong recovery in the strength of the USD, and today's economic calendar will not have any data that will have a major impact on the GBP/USD pair. Therefore, the downtrend of this pair remains intact.
➡️ Analysis based on important resistance - support and Fibonacci levels combined with price action to come up with a suitable strategy
Personal Plan:
🔆Price Zone Setup:
👉Sell GBP/USD 1.3190- 1.3200
❌SL: 1.3235 | ✅TP: 1.3130 - 1.3060
FM wishes you a successful trading day!
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✅ t.me/+Y9T5_BwC7_JhMWM1
Join now !!!!
Channel: signals - knowledge and FOREX comments
Join now !!!!
Channel: signals - knowledge and FOREX comments
Related publications
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.