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FxMarketStrategy
Jan 17, 2021 8:35 PM

GBPUSD analysis by Fxmarketstartegy Short

British Pound/U.S. DollarFXCM

Description

Hello Best traders ever,

Hope all of you having a wonderful day, and hope 2021 will bring good times for all of us.

We can see GBPUSD is trading up in up-ward channel. benefiting from Weaker dollar for the last few months, as we all now the DXY in a correction up, so GBPUSD is in a correction down.

We believe this down move is just short term, and once is finished, GBPUSD will continue up again, so if u r in this sell, just move ur stop and watch our highlighted area of potential reversal zone.

Best luck, to get more ideas, please follow us.

Happy new year Tradingview team and members.
Comments
FieryTrading
Nice detailed analysis✌
FxMarketStrategy
@FieryTrading, Thanks boss, hope goes well.
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