financialflagship

GBP/USD – Week 22 – Closing in on a drop.

Short
FX_IDC:GBPUSD   British Pound / U.S. Dollar
The British Pound corrected the whole week and sits around the same area as it did at the Monday opening bell.
For this week, we expect the price to start a bearish move towards the support level, but this might happen after we break the top once more. In any case, we will focus only on the sell setups.
Trade with care.

Best regards,
Financial Flagship

Disclaimer: The analysis provided is purely informative and it should not be used as financial advice. Remember that you need a plan before you start trading; so, take this knowledge and use it as a guidebook that will ultimately help you understand the market and easily predict your next move.

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.