GBPUSD
Hello everyone!
I was quite surprised by the GBPUSD movement yesterday when there was a double-sided sweep and it is currently at 1.2966.
But! Looking more objectively on the 1-day timeframe we can see that GBPUSD is being squeezed at the upper limit of the ascending channel and the breakout from the previous support is putting pressure on the pair.
In the short term, I still favor selling targeting the lower part of the ascending channel at 1.2700.
Good luck
I was quite surprised by the GBPUSD movement yesterday when there was a double-sided sweep and it is currently at 1.2966.
But! Looking more objectively on the 1-day timeframe we can see that GBPUSD is being squeezed at the upper limit of the ascending channel and the breakout from the previous support is putting pressure on the pair.
In the short term, I still favor selling targeting the lower part of the ascending channel at 1.2700.
Good luck
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Publications connexes
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.