GBPUSD Stands in front of resistance level which suggests a bounce back of prices.
Wait for the market to show lower highs and lower lows.
To be updated..
Wait for the market to show lower highs and lower lows.
To be updated..
Comment:
the failure of this scenario of course penetrating the resistance level, and if that happened we will update this idea to breakeven our losses!
Comment:
Until now, I'm waiting this currency pair to close below support area to confirm a downtrend, but it's a little bit delayed.
under any means, If the market penetrated the minor resistance level, I will re-analyze it for long position :
under any means, If the market penetrated the minor resistance level, I will re-analyze it for long position :
Comment:
Be aware that all corresponding pairs will be effected by the USD
Comment:
wait for the market to show lower highs and lower lows:
Comment:
No more bearish trades of course
Order cancelled
Comment:
unfortunately, I wasn't able to update this analysis since the market was so fast, I'll publish the next opportunity.
