GBPUSD continues to fall sharply
Updated
Dear friends, a new week has begun and we are here to explore today's market!
To start off this week's trading session, GBPUSD has shown a slight downward trend with a target of 1.207. At the time of writing, GBPUSD is trading at 1.211, undergoing a correction to retest the previous uptrend zone. The price is expected to quickly retreat from this upward trend, and we still hold a positive view on the downward trend. What about you? Do you share the same perspective as mine?
To start off this week's trading session, GBPUSD has shown a slight downward trend with a target of 1.207. At the time of writing, GBPUSD is trading at 1.211, undergoing a correction to retest the previous uptrend zone. The price is expected to quickly retreat from this upward trend, and we still hold a positive view on the downward trend. What about you? Do you share the same perspective as mine?
Trade active
Note
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.