InvestMate

💷💵GBP/USD Silence Before Decline💷💵

Short
FX:GBPUSD   British Pound / U.S. Dollar
💷💵GBP/USD Silence Before Decline.

💷💵This post is a direct continuation of my previous post:

💷💵As you can see the Pound has not found as much strength as the Euro and there has been no attempt to attack north as with EUR/USD.

💷💵It looks to me more like waiting for a new downward impulse.

💷💵The support zone remains unchanged.

💷💵Looking at the technical environment, I don't think we have found the strength to go up.

💷💵As of today, my outlook has not changed, I still expect a continuation of the medium-term downtrend.

💷💵The scenario I am playing out is a continuation of the declines to the previously defined support zone. I'm aware of the possibility of a correction at any time, this should be taken into account, If the outlook changes I will publish a post with an update, so I encourage you to actively follow the profile and read the description carefully.

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