GBP/USD: Bearish
Updated
Hey guys,
The pair broke two important supports:
- The bigger structure as shown in my chart
- A symmetrical triangle
A technical target is set around 1.3350 according to the highs and lows of the triangle which has been broken.
From a fundamental point of view, problems around BREXIT + USD which is getting stronger could potentially accelerate the bearish pressure in the days to come.
Check my other ideas if you haven't yet.
Any like or comment is highly appreciated!
Trade with care
Jesse
The pair broke two important supports:
- The bigger structure as shown in my chart
- A symmetrical triangle
A technical target is set around 1.3350 according to the highs and lows of the triangle which has been broken.
From a fundamental point of view, problems around BREXIT + USD which is getting stronger could potentially accelerate the bearish pressure in the days to come.
Check my other ideas if you haven't yet.
Any like or comment is highly appreciated!
Trade with care
Jesse
Note
UPDATE Note
Note
hi, the pair is currently correcting, I am expecting to see this, Cheers
Jesse
Related publications
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.