herotradinggroup
Short

The Market tends to move higher but we got a bearish indications

FX:GBPUSD   British Pound / U.S. Dollar
Analysing forex from The Market side & perspective.

Hello traders, Back again to GBPUSD . From our last analysis, this market has been uptrend until around 1.3160. This August, GBPUSD looks bearish for 140 pips to 1.3010. The market analysis for this week is that it tends to move up more even from H4 the market has a bearish indications. Dont forget that we have cleared our BUY positions at 1.2980. Today we have one positions from our last analysis SELL at .12861. Then we have two new positions BUY at 1.3108 to follow the existing trend and SELL at 1.2974 to catch the early trend if the market confirms a downtrend.

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