KENJICHEN

0318-GBPUSD Analysis

Short
FX:GBPUSD   British Pound / U.S. Dollar

GBPUSD
Pound can't stand on 1.3300 in Asia / Euro mkt, so it gave market the hint about pressure exist.

Even though, Euro getting stronger with DXY pullback but it still can't present positive energy to GBPUSD.

In this situation, we may consider to short pound for downward again in US market.

Better try short at 1.3275 / SL 1.3300 / TP 1.3234 and 1.3220

Support: 1.3200 / 1.3230

Resistance: 1.3300 / 1.3336
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.