fractal_trader
Short

GBPUSD: Ready to Continue Down?

FX:GBPUSD   British Pound / U.S. Dollar
77 1 4
The last week GBPUSD             has traded to the upside right back into its previous supply zone . It seems many short orders are waiting there to take prices lower again, just in the overall trend direction which is still down on weekly + monthly chart. New lows expected.
Supply zone penetrated nicely, now down it goes. Overall trend to downside may continue.
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