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Foraquest.
Jun 19, 2021 5:03 AM

GBPUSD Overview (19-Jun) Short

British Pound/U.S. DollarFXCM

Description

GBPUSD fell from 1.4131 and moved further out of Zone 3.
FED hawkish event in the week created the big fall from 1.4131 to 1.3798 (more than 300 pips).
Between Zone 3 and Zone 2, watch for selling opportunities towards Zone 1.

Comment

Comment

After an eventful week (forexfactory.com/calendar?week=jun13.2021), watch how the price reacts to the upcoming week (forexfactory.com/calendar?week=this)
Comments
Donajor8
If u think the fall was made by a news event ur wrong the news just announced it!
Foraquest.
@Donajor8, thanks for your input. The price movement is the market reaction to the news event released.
Donajor8
@Foraquest., no it do not! Brother your so wrong
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