GBPUSD H1 Short Setup
GBPUSD prices rose due to the weakening of the USD after the release of US manufacturing data which rose lower than expected in construction spending. But the price increase is still depressed by the resistance level at 1.2345 and returned to the support level at 1.2278. the possibility of the price is still continuing it bearish trend between 1.2235 until 1.2195. Be careful if the price breaks the 1.2374 level then the trend will change to bullish.
Disclaimer : Forex and gold trading high risk investment. This analysis only gives a picture of traders to take positions and we not guaranteed for its accuracy. Prices cannot be ascertained up or down. use safe lot size for your own safety.
Disclaimer : Forex and gold trading high risk investment. This analysis only gives a picture of traders to take positions and we not guaranteed for its accuracy. Prices cannot be ascertained up or down. use safe lot size for your own safety.
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.