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FractalTrading
Feb 26, 2023 5:10 PM

GBPUSD - Correction and down Short

British Pound/U.S. DollarFXCM

Description

Hello traders,

The higher probability scenario for GBPUSD in the coming week is a correction to the upside and then a continuation to the downside. The area where the reversal is most possible is highlighted on the chart.

Trade with care.

Disclaimer: The analysis provided is purely informative and it should not be used as financial advice. We do not recommend making hurried trading decisions. You should always understand the risk that trading implies and that PAST PERFORMANCE IS NOT NECESSARILY INDICATIVE OF FUTURE RESULTS.
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