GBPUSD is currently in excellent pattern position, enabling traders to benefit from Long and Short if the bearish butterfly setup develops.
Currently its a SHORT Setup from 1.4485 - enabling to give around 200-250 Pips to the downside.
We are favouring some USD strength in coming days.
Currently its a SHORT Setup from 1.4485 - enabling to give around 200-250 Pips to the downside.
We are favouring some USD strength in coming days.
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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.