#GBPUSD is in down trend in a D1 TF.
The pair has already pulled back with a corrective move to supply level following the negative USD news.
Also, the impulse is shoting down
In a supply there was an opening gap which is also well filled.
The supply zone is also the area of retest.
There is high probability of the pair to continue droping.
Let us wait a confirmation behaviour for reversal.
Trade with a well risk plan.
The pair has already pulled back with a corrective move to supply level following the negative USD news.
Also, the impulse is shoting down
In a supply there was an opening gap which is also well filled.
The supply zone is also the area of retest.
There is high probability of the pair to continue droping.
Let us wait a confirmation behaviour for reversal.
Trade with a well risk plan.
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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.
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.