GBP will goes down !!!!!!
We can see that the price has been in a downtrend since Friday. After a period of consolidation, the price printed solid red candles. Technically speaking, the price is likely to move down to the 1.25700 area to retest this zone.
This could be a good opportunity to go short.
This could be a good opportunity to go short.
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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.