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abhivik
Aug 18, 2019 10:32 AM

GBPUSD Weekly forecast 19 August Onward Short

British Pound/U.S. DollarFXCM

Description

GBPUSD currently rests at a major resistance zone of 1.12648 price zone which is a good place to look for bearish movement for the pair.
If we get the bearish movement, we will have our target at 1.1990 price zone.
If price breaks our first target, our second target will be at 1.1905 price zone.
Comments
kureja
can you please explain your chart that why you think a down move
abhivik
@kureja, As given in the description, price rests at major resistance. Also, the major trend is down.
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