Seun_Abilawon

GBPUSD - EXPECTING A SHORT TERM BEARISHNESS

FX:GBPUSD   영국 파운드/미국 달러
Good day Traders, My analysis on cable remains strongly bullish. However, looking closing at the chart, you would observe that the pair has reacted to a previous weekly high as well as a level of resistance which is the portion shaded red.

I am expecting a short term bearishness in the form of a pullback and will be studying price action around key levels marked up.

It is important to remain patient until the market gives a clear indication, and starts breaking structure on the lower TF.

Target 1: 1.28134
Target 2: 1.26696

Happy Trading and Stay Safe Folks.
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