UnknownUnicorn15614419

GBPUSD: bearish reversal and market entry

Short
FOREXCOM:GBPUSD   British Pound / U.S. Dollar
The growing trend that has continued since December 2020 is coming to an end. The price rose due to strong growth spikes and corrections, pulling back the price by 50 +% - the final growth was obtained due to the difference between the jump and pullback. After a strong growth from the level of 1.364, the price came to the current maximum of 1.385. Following the trend, it will now roll back on average by 50-60%, the expected target is around 1.373.

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