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GBPUSD: Bearish Outlook For Next Week Explained 🇬🇧🇺🇸
British Pound / U.S. Dollar
Short
GBPUSD: Bearish Outlook For Next Week Explained 🇬🇧🇺🇸
By VasilyTrader
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May 28, 2023
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May 28, 2023
The month of May turned out to be quite bearish for GBPUSD:
the pair keeps breaking multiple supports.
An important demand zone was broken last week.
1.2345 - 1.2408 are turned into a strong resistance now.
I willl expect a bearish reaction from that at least to 1.2285.
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Candlestick Analysis
dollar
Elliott Wave
forecast
Forex
GBPUSD
pound
Supply and Demand
trader
trading
USD
DJ FXCM Index
VasilyTrader
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