GBP/USD – Week 39 – Heading for another low.
Last week, we expected the British Pound to resume the uptrend from the support level. Instead, the price is in the same place as it was in our previous forecast.
In the coming week, until we spot a clear buy setup, we foresee the pair to remain bearish and make a new low.
Trade with care.
Best regards,
Financial Flagship
Disclaimer: The analysis provided is purely informative and it should not be used as financial advice. Remember that you need a plan before you start trading; so, take this knowledge and use it as a guidebook that will ultimately help you understand the market and easily predict your next move.
In the coming week, until we spot a clear buy setup, we foresee the pair to remain bearish and make a new low.
Trade with care.
Best regards,
Financial Flagship
Disclaimer: The analysis provided is purely informative and it should not be used as financial advice. Remember that you need a plan before you start trading; so, take this knowledge and use it as a guidebook that will ultimately help you understand the market and easily predict your next move.
Trade closed: target reached
