GBP/USD Technical Analysis & Trade Setup
Hello. This is my technical analysis for GBP/USD.
As you can see GBP/USD it's in a downtrend, making lower highs and lower lows since 26 October. If the trend continues, I expect it to make another pullback towards resistance, and then we can enter the trade at around 1.32833 with a 2:1 risk/reward ratio.
As you can see GBP/USD it's in a downtrend, making lower highs and lower lows since 26 October. If the trend continues, I expect it to make another pullback towards resistance, and then we can enter the trade at around 1.32833 with a 2:1 risk/reward ratio.
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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.