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InvestMate
Mar 25, 2023 7:21 PM

💷💵 GBP/USD Heading South 💷💵 Short

British Pound/U.S. DollarFXCM

Description

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💷💵 GBP/USD Heading South

💷💵 Nearest strong support zone: around the 0.382 fibo level of the downward wave.

💷💵 Nearest strong resistance zone: around recent peaks.

💷💵 Technical environment:

📊 Moving averages: Uptrend

📊 MACD: 50/50

📊 RSI: Downtrend

📉 The scenario I am playing out is the start of a downward correction. I do not exclude changing the scenario in case of a sudden change in the market situation. I am aware of the possibility of a correction at any time, this should be taken into account, In case of a change in perspective I will publish a post with an update, so I encourage you to actively follow the profile and carefully read the description.

🚀 If you appreciate my work and effort put into this post, I encourage you to leave a like and follow on my profile 🚀
Comments
DeGRAM
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Thank you for sharing your analysis.
InvestMate
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@DeGRAM, Thanks!
InvestMate
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What do you think of my scenario?
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