Short of GBPUSD to around 1.456
Weekly chart
Expected T/P at 1.456
Daily Chart
Possible first price support and rebound at UML of Pitchfork. Whether price will reach 1.456 will depend if support is breached.
- SMA downtrend
- StochRSI and DirectionalMovement support downtrend
Expected T/P at 1.456
Daily Chart
- Price retreated from Daily 0.5 and warning line of Pitchfork
- Directional movement and StochRSI support downtrend
Possible first price support and rebound at UML of Pitchfork. Whether price will reach 1.456 will depend if support is breached.
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.