The GBP/USD pair is bullish based on long term analysis but a retracement opportunity might just be what we've got here on the Daily chart
the pair closed this previous week at the last price of 1.27906
RETRACEMENT ANALYSIS
POSITION - SHORT, PUT , SELL
ENTRY -1.27906
TP TARGET 1-1.25250
TP TARGET 2-1.23050
LONG-TERM BULLISH ANALYSIS
BUY LIMIT ENTRY -1.25250
TP TARGET- 1.32000
STOP LOSS- 1.24300
the pair closed this previous week at the last price of 1.27906
RETRACEMENT ANALYSIS
POSITION - SHORT, PUT , SELL
ENTRY -1.27906
TP TARGET 1-1.25250
TP TARGET 2-1.23050
LONG-TERM BULLISH ANALYSIS
BUY LIMIT ENTRY -1.25250
TP TARGET- 1.32000
STOP LOSS- 1.24300
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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.