GBPUSD is in an uptrend and might have just finished the retracement
Most likely scenario: GBPUSD could bounce up from 1.29 and make newer highs
Look for positions with targets at 1.293 and 1.295
Alternative scenario: GBPUSD has not finished the retracement yet and will continue going down
In that case look for positions with targets at 1.288 and 1.285
Most likely scenario: GBPUSD could bounce up from 1.29 and make newer highs
Look for positions with targets at 1.293 and 1.295
Alternative scenario: GBPUSD has not finished the retracement yet and will continue going down
In that case look for positions with targets at 1.288 and 1.285
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.