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KlejdiCuni
Apr 21, 2023 8:47 AM

GBPUSD: Update - USD May Take Control Soon Short

British Pound/U.S. DollarFXCM

Description

GBPUSD: Update - USD May Take Control Soon

During this week the price is spending some time in correction and it is getting
ready for the next movement.

The pattern that we have is still bearish and valid.

Price may move down further from the current position if all goes well.

The problem is that GBPUSD already invalidated 3 other patterns before it
created the bearish channel. This is the tricky problem with GBPUSD as it can
invalidate this bearish pattern in the same way as it did before.
This is what you should know before trading GBPUSD.

Thank you and Good Luck!
Comments
TheSignalyst
amazingly done :D also looking for that long-term reversal on many USD pairs! thanks dear Klejdi for confirming my view
UnknownUnicorn11253106
this is mine
FirstNameHelen
High quality stuff, keep on the good work!
HAMED_AZ
Good job
chasebethel19
@HAMED_AZ where are you from hope not africa cause i hate africans an id rather not communicate withyou so tell me
Solldy
Thank you for posting this idea. Maybe these factors won't affect it now, but I think they will definitely affect the price movement.
pejman_zwin
These posts are the best I’ve ever seen❣️
JoeChampion
I agree on USD strength, keep it up!
chasebethel19
who knows the key matrics for Europe economic downturn and uk apart from brexit? i need to know where the pound is going commodities are falling again i think i might pair it to krona
basictradingtv
thanks for your analysis buddy ;)
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