British Pound / U.S. DollarUpdated GBPUSD can still drop to 1.2158.
Hello friends, I have been publishing Sell ideas on GBPUSD for the last two. If you remember, in my previous idea, I mentioned about GBPUSD should break the important level of 1.2410 and then we can confirm the downtrend. Here's the previous chart.
So, GBPUSD has already broken below this important level couple of days ago.
Currently, price retested the broken Support and it appears to have been rejected on the 4H chart.
So, I believe GBPUSD will drop to 1.2240 and 1.2168 in the coming weeks.
So, GBPUSD has already broken below this important level couple of days ago.
Currently, price retested the broken Support and it appears to have been rejected on the 4H chart.
So, I believe GBPUSD will drop to 1.2240 and 1.2168 in the coming weeks.
Trade active
GBPUSD already sold at 1.2251 again today as most of you who follow me already know
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.