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financialflagship
Apr 5, 2021 12:51 PM

GBP/USD – Week 14 – In the middle of the correction. Short

BRITISH POUND / U.S. DOLLARICE

Description

Last week, GBPUSD continued its corrective move towards the liquidity pool area without any major swings.
For this week, we expect the correction to continue until it will reach the liquidity pool area highlighted on our chart. From that point we will study the price action as we will start and look for sell setups that could push the price towards the 1.35 support area.
Trade with care.

Best regards,
Financial Flagship

Disclaimer: The analysis provided is purely informative and it should not be used as financial advice. Remember that you need a plan before you start trading; so, take this knowledge and use it as a guidebook that will ultimately help you understand the market and easily predict your next move.
Comments
FXCM
Thank you for explaining in such great detail. However, be careful of the upside of GBPUSD as well! Please set stop loss while trading!
MarcellusLUX
Perfect analysis. I agree. 1.40 is my key level for selling as well
financialflagship
@SensibullTrading, thank you brother! 🔥🔥
hafiz.nezereliyev
sl?
financialflagship
@HafIz.nezereliyev, 1.4000
KABHI_FOREX_TRADING
Perfect Job.. Great
financialflagship
@vishvam-fx, thank you bro! 🔥
Helical_Trades
Great job brother :D
financialflagship
@Helical_Trades, thanks ! 🔥🔥
Henry_Ross
wow, cool!
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