kinetix360

$GBPUSD is possible for retracement

FX:GBPUSD   British Pound / U.S. Dollar
$GBPUSD may break the Resistant line at 1.6990 but it may possible to retrace before it break it. At the moment, waiting for small price formation and expecting a resistant rejection will be good to Short this pair with target 1.6900/800 area.

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.