DLavrov

GBPUSD - Where Is the Bottom?

FX:GBPUSD   Livre sterling / Dollar américain
The market keeps falling. Yesterday, we could see an attempt to bounce from 1.27000 support level but this attempt failed. Now the price breaks the support and we have a strong bearish signal. In spite of RSI reached the oversold zone, MACD and DMI support the further downward movement and the strength of sellers.

It looks like the market is going to reach 1.25000 support zone and this zone will be able to become a local bottom. If the price bounces from 1.25000, we should be ready to see the correction movement which also can be used for buying.

💰COPY MY TRADES FOR FREE! Join 👉 bit.ly/41DKDBD

📣 Get Welcome Bonuses for 1st Trade 👉 bit.ly/bonus_bybit

💎 Share My BEST Trades here 👉 bit.ly/wubits
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.