GBPUSD Is still in a downtrend but market may possibly be turning around after reaching a minor weekly support level.
If price breaks above 1.3285 level we will be looking for pull backs to that level and buy signals to get in long. Otherwise if the downtrend is still
intact and a sell signal is printed at that level we will be looking to go short.
We would also consider a short if a convincing sell signal is printed at the 1.3466 level.
If price breaks above 1.3285 level we will be looking for pull backs to that level and buy signals to get in long. Otherwise if the downtrend is still
intact and a sell signal is printed at that level we will be looking to go short.
We would also consider a short if a convincing sell signal is printed at the 1.3466 level.
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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.
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.