GBPUSD Getting ready for a drop
Based on the chart and market movement, there is a weakness for buyers after breaking the support area, so we can conclude a sell off in following hours.
As always that I consider risk/rewards on my trades, it would be a 1:3 potential trading area
Good luck!
As always that I consider risk/rewards on my trades, it would be a 1:3 potential trading area
Good luck!
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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.