MonaySess

Analysis GBPUSD (Overall down Side)

Short
FX:GBPUSD   British Pound / U.S. Dollar
Hello Traders, GU looks like a very much a down trend for the past week. Therefor, trading it to the down side would be your best bet in your favor. As you can see the the candles are retracing to mitigate anything to bring back in profit to continue to a sell/short. Possibly would hit to the 23.60% or to 50% once again retracement to reach to the target area at 27%. It also shows the retracement area around the Quarter point and making LH and LL's. It will possibly retrace up on the "mini resistance" (I have marked) before the way down.

Beware of news: January 28, 2022 at 8:30am on EST TIME. All USD pairs

Thank you for reading!

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