financialflagship

GBP/USD – Week 24 – One last bearish push.

Short
FX_IDC:GBPUSD   Livre sterling / Dollar américain
For this week, we incline towards a bearish move that will test the support area highlighted on the chart. After that, there is a possibility that the price could correct and fall even more. If the price momentum gives us sign of reversal, we will wait for a buy setup.
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.

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.