GBP/USD – Week 17 – Bearish sentiment to increase?
Updated
As we anticipated in our last week’s outlook, GBPUSD found some resistance at our target and started to drop.
For this week, we expect the price to continue being bearish and drop towards the support area that we highlighted, having a chance to break the $1.36 low.
Trade with care.
Best regards,
Financial Flagship
Disclaimer: The analysis provided is purely informative and it should not be used as financial advice. Remember that you need a plan before you start trading; so, take this knowledge and use it as a guidebook that will ultimately help you understand the market and easily predict your next move.
For this week, we expect the price to continue being bearish and drop towards the support area that we highlighted, having a chance to break the $1.36 low.
Trade with care.
Best regards,
Financial Flagship
Disclaimer: The analysis provided is purely informative and it should not be used as financial advice. Remember that you need a plan before you start trading; so, take this knowledge and use it as a guidebook that will ultimately help you understand the market and easily predict your next move.
Trade closed: target reached
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