Bear Flag on GBPUSD

Currently in a consolidation phase. Bearish expansion is expected. Bear flag on the W1 timeframe formation of an inverted head and shoulders chart pattern on the D1 timeframe and the recommendation is a sell and take profit levels are at 1.29100 level. Expect pullback to the next resistance level of 1.3035.

*Trading is not for everyone and losses could easily exceed investment capital. Use proper risk management and small lot sizes to protect individual accounts.

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.