GB is in a ceiling resistance range.
Prices are high. The price is falling and the uptrend has turned into a downtrend (neutral in the short term).
It is expected that the market will experience a pullback and then start to fall in order to stabilize the price in the downward trend. The price target is the bottom of the channel.
** Financial markets have a lot of risk and this is just a personal analysis and not an investment proposal. You are responsible for transactions**
have a nice day.
Prices are high. The price is falling and the uptrend has turned into a downtrend (neutral in the short term).
It is expected that the market will experience a pullback and then start to fall in order to stabilize the price in the downward trend. The price target is the bottom of the channel.
** Financial markets have a lot of risk and this is just a personal analysis and not an investment proposal. You are responsible for transactions**
have a nice day.
Comment:
Nice area👍
Trade closed: stop reached