British Pound / U.S. Dollar
Short
Updated

GBP/USD : More Fall Ahead ? (READ THE CAPTION)

1276
By analyzing the GBP/USD chart on the 2-hour timeframe, we can see that the price is currently trading around the 1.326 level. Given the current trend, I expect to see further declines in this pair. The first key target is the liquidity pool below 1.32370. This analysis will be updated, folks!

Please support me with your likes and comments to motivate me to share more analysis with you and share your opinion about the possible trend of this chart with me !

Best Regards , Arman Shaban

Trade closed: target reached
One of the most exciting analyses yesterday was this GBP/USD analysis! By reanalyzing this pair on the 2-hour timeframe, we can see that the price dropped over 180 pips, correcting down to 1.30920. This sharp decline created a large liquidity gap, and it’s likely that after the price reaches the 1.30720 demand zone, we’ll see a bullish move to fill the identified liquidity gap. I hope you made the most out of this move!

snapshot

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