Looking for a pullback in GBP/USD
GBP/USD has declined rapidly over the last couple of weeks but the bearish move
has slowed down a bit. Price is in a consolidation mode and we might see a pullback
to 1.19. The RSI also suggests that the bearish momentum has ended.
Long trades could be considered as long as gbpusd stays above 1.16. A bigger recovery
in prices will mean that GBPUSD can also reach 1.23 in the next few weeks. A lot depends
on the political situation developing in the UK
has slowed down a bit. Price is in a consolidation mode and we might see a pullback
to 1.19. The RSI also suggests that the bearish momentum has ended.
Long trades could be considered as long as gbpusd stays above 1.16. A bigger recovery
in prices will mean that GBPUSD can also reach 1.23 in the next few weeks. A lot depends
on the political situation developing in the UK
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.