British Pound / U.S. Dollar

Short

Updated

GBUPUSD Weekly Outlook 2/25

GBPUSD is clearly in a downtrend. Current bias is still short. Price has not given healthy bullish action to justify long trades on the retrace yet. At this moment we are waiting for price to keep pushing to areas identified to potentially continue bearish.

Pay attention to LPOTM invalidations to possibly change bias.

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This trade was available on tuesday had you been paying attention

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Trade active

Late in the day
however price is at a large timeframe OB and has shifted externally.

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Let the algo show you its hand.

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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.

Let the algo show you its hand.

Also on:

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.