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abhivik
Aug 10, 2019 3:49 PM

GBPUSD Weekly forecast 12 August Onward Short

British Pound/U.S. DollarFXCM

Description

GBPUSD has been in a declining structure and we hope to see further decline in the pair.
In the upcoming week, if we see a pullback and test of resistance at 1.2085 price zone, we'll look to short the pair with our target set at 1.1990 price zone. If price breaks the first target, our second target will be at 1.1905 price zone.
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