I am seeing lower prices on GBPUSD for the week. My objective is outlined in the area where the green lines are. GBP does have high impact news coming in on Thursday. Since the high impact news is later in the week, this may hold the pair in consolidation until then or we may see a retracement higher into the area where the red lines are. I will present more insights after Monday.
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.
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.