financialflagship

GBP/USD – Week 26 – One more drop expected.

Short
FX_IDC:GBPUSD   Livre sterling / Dollar américain
Last week, we correctly forecasted GBPUSD to start a consolidation pattern in order to correct the previous bearish impulse.
For this week, we incline towards a bearish move that will continue the downtrend and break the support area.
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.


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