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JoeChampion

GBPUSD Potential Downsides

Short
British Pound / U.S. Dollar (FX:GBPUSD)  
JoeChampion  
FX:GBPUSD   British Pound / U.S. Dollar
Trend Analysis Beyond Technical Analysis Technical Indicators GBPUSD GBP USD SELL short Bearish Patterns Technical Analysis Contains image
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trendanalysis beyondta indicator gbpusd gbp usd sell short bearish technicalanalysis containsimage
Hey Traders, GBPUSD was trading in an uptrend and successfully managed to break it out after a bunch of fed hawkish comments about the monetary policy and concerns about inflation. Technically we will be watching a potential retrace of the trend from 1.242 support and resistance zone.
Trade safe, Joe.
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