kwonyoo

GBPUSD Next week forecast

Short
OANDA:GBPUSD   British Pound / U.S. Dollar
GU has been downtrend for few months and has broken triple bottom support on Sept. 28th. Last week, GU had correction movement up to 50% of Daily imbalance candle that broke out and retested. We can now see GU falling in upcoming days.

*This is long swing trade that can take weeks or months.

Trade at your own risk. If you are in profit, move SL to BE for risk free trade but do not move SL to BE too early. I recommend to move SL to BE after 20 pips in profit for risk free trade.
It is your choice to get in retracement trades as I only trade with the trend.

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