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Mihai_Iacob
Aug 5, 2021 3:45 AM

GbpUsd failed once more Short

British Pound/U.S. DollarFXCM

Description

As I mentioned in my previous analysis, 1.4 should provide a strong ceiling for GbpUsd.
Yesterday we have a strong reversal from 1.3960 proving that rallies are sold and the pair is ready to fall.
At this point, GbpUsd is trading at support and the pair is waiting for a trigger.
A break here should accelerate losses and 1.3750 could be the target

Comments
FlyDownX
After the fall this will be a great area to see buy pressure 👍
Mihai_Iacob
@FlyDownX, let s see what s next:)
Thanks for comm
Helical_Trades
Nice Explain Everything in details 👏😍
ProjectSyndicate
always spot on sharp technicals
CobraVanguard
very well this is brilliant
jjelarancuent
Idk i think its going up. It aldready went down to 1.38760 and now its going to the moon
eureka_bossele
@massiveRider52208, agree
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