TradingView
JoeChampion
Apr 26, 2023 7:39 AM

GBPUSD Potential Downsides Short

British Pound/U.S. DollarFXCM

Description

Hey Traders, in today's trading session we are monitoring GBPUSD for a selling opportunity around 1.25000 zone, GBPUSD is trading in a downtrend and now seems to be in a correction phase in which it is approaching the major trend at 1.25 Support and resistance zone. Fundamentally the market is pricing another rate hike with the recent feds speech so that is more likely to trigger some dollar strength.
Trade safe, Joe.
Comments
ZH-FX
April is bullish for GBP
Lingrid
Very good setup, thanks
More