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
Comment
UPDATE Comment
Comment
hi, the pair is currently correcting, I am expecting to see this, Cheers
Jesse
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