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RaynLim
Mar 7, 2021 4:59 PM

GBPUSD-Weekly Market Analysis-Mar21,Wk2 Short

British Pound/U.S. DollarFXCM

Description

GBPUSD is in a consolidation zone, which means it didn't give a definite trend because the bullish trend is broken but there isn't 2 break and close below the previous low to form a bearish trend.

A retracement back to 1.3950 gives a good shorting opportunity.
Comments
ForecastCity_World
Interesting view👍 Thanks for sharing
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