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fxpremiere
Feb 7, 2022 10:20 AM

Gbpusd downtrend Short

British Pound/U.S. DollarFXCM

Description


For the GBPUSD currency pair, the impulse down may last much lower than 1.34110. If the price does not consolidate above 1.35810, as it is expected, then we can expect such a scenario.

SELL scenario: Shorts are relevant until the price closes above 1.35810. Most likely the most optimal option is a false breakdown of this level and opening a short.
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GBPUSD Free Signal Results
GBPUSD №1 - profit: +87p 🟢
GBPUSD №2 - profit: +71p 🟢
GBPUSD №3 - profit: +66p 🟢
GBPUSD №4 - profit: +69p 🟢
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