Forex_Times

♻️ GBPUSD: planned implementation of the downtrend scenario

OANDA:GBPUSD   British Pound / U.S. Dollar
📌 Over the past day, the main scenario was realized - a rebound from the market maker's loss level (1.3996) and a planned decline to option support 1.3913.
Today for the British pound we expect to reach the nearest option support at the price level 1.3847 and a subsequent correctional rise to the limit seller (1.3933).
🌐 Further support and the final target of the decline for the current trading week is the level of the market maker's highest net profit (1.3686).
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.