GBP/USD analysis, Can 1.40 push the price lower?
GBP/USD is in a strong uptrend. Currently, it has reached the 1.40 level, where
multiple rejections took place in the past.
It would be interesting to see if this level manages to stop the current rally.
If a couple of bearish candles form in this area then it would be an attractive sell
trade in my opinion.
At present, waiting for the price action to guide us.
multiple rejections took place in the past.
It would be interesting to see if this level manages to stop the current rally.
If a couple of bearish candles form in this area then it would be an attractive sell
trade in my opinion.
At present, waiting for the price action to guide us.
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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.