British Pound / U.S. Dollar
Short
Updated

GBP/USD retests broken support; Sell Continuation Expected

2 129
GBP/USD retests broken the broken support area but failed to break upwards. This could be a S/R Flip trade and I expect a continuation of the downtrend.
The best approach to trade GBP/USD is to keep selling the rallies and target 1.23 as short-term TP.
Note
Another retest of the broken support zone

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.