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evert.tracks
Mar 5, 2021 7:42 PM

GBPUSD 2021-03-05 (Daily Chart) Short

British Pound/U.S. DollarFXCM

Description

GBPUSD is still looking bearish in the short-term...
One was tempted to close the short positions yesterday, but the market seems to have confirmed otherwise.

Support at 1.39054 seems to have failed.
The next Support level looking at 1.377 and will be adding another short, if this support level fails.

Major support is at 1.34
Will it go down that far? Let's see...

Stoploss at 1.4270, will be trailing this if it goes down next week.

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