2608 GBPUSD might start its correction now up for 530 pips Short

British Pound/U.S. DollarFXCM

Description

⋅ Aug 26, 2020 12:04 PM

Hello traders,

GBPUSD is making a complicated refelction point on the channel that it might be a correction for CURRENT CHART as the uptrend channel is still valid .
The possible lowest support for GU to run is 1.2600 which has 530 pips from now.

Good luck on selling it.
LESS IS MORE!

Comments

MAKDXB

⋅ Aug 27, 2020 10:01 AM

considering your setup will go through only if USD INDEX shows some bullish movement .will be great if you share your view about DXY . thank you