GBPUSD short to probably 300+ pips
The GBPUSD is resting 2 major trendlines and also forming its second shoulder ( head and shoulders pattern) which after we can probably see a fall of about 300 or more pips continuing its downtrend on the 4hr chart and partially the daily as well i personally have been checking this pair for quite sometime now using my indicators which most of i didn't fully illustrate on the chart above and will be entering somewhere around the 1.2675 - 1.2695 area. any comments/questions are very much welcome below :)
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.