Hi traders,
We think GBPUSD can move much lower similar to the other USD-pairs.
So this week we will look for sells. Watch market open because it is possible that this pair will drop immediately. The correction is already finished and price is now in the last demand zone which could become supply.
If we have multiple confluences on the lower timeframe we will take the sell to minimal 1.36 price area.
If you want to learn more about trading with supply and demand and wave analysis, please make sure to follow us, give a like and comment.
This shared post is only our point of view on what could be the next move in this pair based on our analysis. We do not provide signals.
Don't be emotional, just trade!
Eduwave Trading
We think GBPUSD can move much lower similar to the other USD-pairs.
So this week we will look for sells. Watch market open because it is possible that this pair will drop immediately. The correction is already finished and price is now in the last demand zone which could become supply.
If we have multiple confluences on the lower timeframe we will take the sell to minimal 1.36 price area.
If you want to learn more about trading with supply and demand and wave analysis, please make sure to follow us, give a like and comment.
This shared post is only our point of view on what could be the next move in this pair based on our analysis. We do not provide signals.
Don't be emotional, just trade!
Eduwave Trading