UnknownUnicorn261897

GBPUSD Selling Opportunities Preferred!

Short
FX:GBPUSD   British Pound / U.S. Dollar
Good evening traders.

The market gapped open down below the 1.0239 support figure. Since then we have seen consolidation.

The pressure is certainly to the downside so selling opportunities are preferred until proven otherwise.

The 1.2122 figure marks short-term resistance as well as the gap-fill.

An upside move into the figure will likely be matched with selling.

Enjoy!
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.