2H Chart: as this pair has been in a slight over-buy lately with no BoE releases supporting it. I believe we will see a greater decline in this pair. Keeping in mind, I have a strong feeling this pair will be a long-term decline. I'll be opening higher-leveraged units on this pair to ride the coaster. I'll also be taking a quick look at some BoE releases if any this week.
forgot to mention; i'm a high risk trader so this is a 50k-70k unit trade
Take a look at my Linked related ideas for my long-term outlook on GBPUSD.
forgot to mention; i'm a high risk trader so this is a 50k-70k unit trade
Take a look at my Linked related ideas for my long-term outlook on GBPUSD.
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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.