GBP/USD daily chart analysis, potential for a 250 Pip fall
Dear traders, if you look the daily chart in GBP/USD, the last few candlesticks
indicate that the bullish momentum is fading. Wicks at the top of the last three
candles indicate mounting bearish pressure.
Based on this, we can consider sell entries in GBP/USD@1.2730-1.2750
with SL above 1.2780 and TP at 1.2460.
indicate that the bullish momentum is fading. Wicks at the top of the last three
candles indicate mounting bearish pressure.
Based on this, we can consider sell entries in GBP/USD@1.2730-1.2750
with SL above 1.2780 and TP at 1.2460.
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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.