GBPUSD pips and more pips
Updated
Hello Traders and Investors!
This is simple outlook from my main Idea
1. The US dollar has been strengthening overall.
2. GBP broke down through the 1.30 level.
Scenarios
1. The market is going to break down significantly and reach down towards the 1.25 level underneath.
2. If we can get above the 1.30 level, then we could go as high as 1.34.
Do not Risk More than 5%
This is simple outlook from my main Idea
1. The US dollar has been strengthening overall.
2. GBP broke down through the 1.30 level.
Scenarios
1. The market is going to break down significantly and reach down towards the 1.25 level underneath.
2. If we can get above the 1.30 level, then we could go as high as 1.34.
Do not Risk More than 5%
Note
Suggestion: SellNote
Yesterday, during her speech, Theresa May announced that the British government will allow a second referendum vote to the Member of Parliaments.Trade active
GBP/USD is trending downwards.Note
Next Support: 1.25622
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.