GBP/USD ANALYSIS
💹GBP/USD ANALYSIS💹
From a technical perspective, last week’s corrective pullback stalled near the lower boundary of a three-week-old upward sloping channel. The mentioned support, currently around the 1.3735 region, should now act as a key pivotal point for short-term traders. A sustained breakthrough, leading to a subsequent slide below the 1.3700 mark will shift the near-term bias in favour of bearish traders. The pair might then accelerate the fall towards intermediate support near mid-1.3600s before eventually dropping to the 1.3600 round figure.
#mytradingstory# #OPINIONLEADER# #followmeevent# #forextrading# #Todayanalysis# #FlashNews# #insightsboard# #BeginnerTalk#
Disclaimer: The content above represents only the views of the author or guest. It does not represent any views or positions of FOLLOWME and does not mean that FOLLOWME agrees with its statement or description, nor does it constitute any investment advice. For all actions taken by visitors based on information provided by the FOLLOWME community, the community does not assume any form of liability unless otherwise expressly promised in writing.
FOLLOWME Trading Community Website: https://www.followme.com
Hot
No comment on record. Start new comment.