Here i am sharing a six months view about GBPUSD. The actual trend is clearly bearish, and i expect a continuation to the downside for the next few weeks/months. The first area where i will look for a long entry is around 1.18250, where i see a good zone to buy aiming for 1.30. The risk reward ratio for this trade is pretty good. If the stoploss will be reached, i think we will see more moves to the downside, reaching a possible area to buy again at 1.09500
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.
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.