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abhivik
Nov 18, 2018 8:57 PM

GBPUSD Weekly forecast 19 November onward Short

British Pound/U.S. DollarFXCM

Description

Last week in GBPUSD, we saw a nice selloff that took place from the price where we anticipated a pullback. I congratulate everyone who was able to take the quick benefits of the trade.

In the coming week, since we are still looking at the downward structure, we'll be looking for shorting opportunities.
And if we get a pullback at a major support turned resistance at 1.2953 price zone, we'll get a nice place to take the short position.
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