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Faibik
Nov 19, 2020 4:55 AM

GBPUSD | Expecting Bearish Wave towards the Major Support..!! Short

British Pound/U.S. DollarFXCM

Description

#GBPUSD (Update)

In Daily Timeframe, As You can See in the Chart, Pound Still Moving inside the Channel & Looking Bearish.

If Channel Broken Downside, GBP Might test the Strong Horizontal Support Area (1.2700)


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Comments
PrivateEquityinsider
charts correct :) Im always weary about aggressively shorting GBP as Brexit news can easily disrupt the pattern. With the canada deal and Brexit deal due to be announced next week market makers could initiate an aggressive pull back. will stand aside for now and look for the buy
Faibik
@JMTradeForex thanks For Sharing your thoughts
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