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RaynLim
Sep 26, 2021 5:08 PM

GBPUSD-Weekly Market Analysis-Oct21,Wk1 Short

British Pound/U.S. DollarFXCM

Description

On a bigger picture, GBPUSD is also on a sideway bounce setup but what it is very different from EURUSD is that GBPUSD respected the structure better than EURUSD and GBPUSD is at its Weekly Support Level.

Traders who are looking to short GBPUSD can wait for a Bearish Shark Pattern complete at 1.3790 for a shorting opportunity as a trend trading trade.
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