financialflagship

GBP/USD – Week 24 – One last bearish push.

Short
FX_IDC:GBPUSD   British Pound / U.S. Dollar
For this week, we incline towards a bearish move that will test the support area highlighted on the chart. After that, there is a possibility that the price could correct and fall even more. If the price momentum gives us sign of reversal, we will wait for a buy setup.
Trade with care.

Best regards,
Financial Flagship

Disclaimer: The analysis provided is purely informative and it should not be used as financial advice. Remember that you need a plan before you start trading; so, take this knowledge and use it as a guidebook that will ultimately help you understand the market and easily predict your next move.

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