financialflagship

GBP/USD – Week 40 – Expecting a bullish week.

Long
FX_IDC:GBPUSD   Livre sterling / Dollar américain
Last week, we correctly forecasted the British Pound to remain bearish and make a new low.
In the coming week, as the price made a countertrend move after breaking the low, we expect a correction to follow that will pave the way for a bullish move.
Trade with care.

Best regards,
Financial Flagship

Disclaimer: The analysis provided is purely informative and it should not be used as financial advice. Remember that you need a plan before you start trading; so, take this knowledge and use it as a guidebook that will ultimately help you understand the market and easily predict your next move.



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