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STERLING_PIPS
Mar 29, 2021 4:57 PM

GBP/USD Price Analysis Short

GBP/USDOANDA

Description

Price outlook on GBPUSD. Price finally broke out of consolidation . Overall the move will be down. The 1.3800 mark (coinciding with the 38.2% Fib. level) now seems to protect the immediate downside. Sustained weakness below might turn the GBP/USD vulnerable to accelerate the slide back towards the intraday swing lows, around the 1.3755 zone.

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Comments
Lingrid
I can assume that GBPUSD at 1.37319 will be sell.
STERLING_PIPS
@Lingrid, yes thanks :)
DeGRAM
Nice trade set up !
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