InvestMate

💷💵GBP/USD Continues Declines💷💵

Short
FX:GBPUSD   British Pound / U.S. Dollar
💷💵GBP/USD Continues Declines

💷💵This post is a direct continuation of my last post:

💷💵As you can see, there was an attack on the resistance zone, which perfectly stopped the price from further increases.

💷💵This only strengthened my downward perspective, which I have been writing about for some time now.

💷💵Still waiting for a descent to the vicinity of the 0.382 level of the entire upward wave from the bottom to the current peak.

💷💵Looking at the technical environment. MACD, RSI and the fact that we are under the 50 and 200 moving averages. I have no doubt about the higher probability of my scenario.

💷💵The scenario remains unchanged I still expect to go down near the support zone. I don't exclude the possibility of changing the scenario if the market situation changes abruptly. I'm aware of the possibility of a correction at any time, this should be taken into account, If the outlook changes I will publish a post with an update, so I encourage you to actively follow the profile and read the description carefully.

💷💵*Please do not suggest the path I have outlined with lines it is only a hypothetical scenario.

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