GBPUSD: Bearish Outlook For This Week Explained 🇬🇧🇺🇸

Short

British Pound / U.S. Dollar (OANDA:GBPUSD)

OANDA:GBPUSD British Pound / U.S. Dollar

Support and Resistance Supply and Demand Candlestick Analysis swing swingtrading swingtrade GBPUSD Forex trading Contains image

supportandresistance supplyanddemand candlestick swing swingtrading swingtrade gbpusd forex trading containsimage

snapshot

GBPUSD broke and closed below a solid horizontal demand cluster
on a daily time frame last week.

The broken structure turned in a supply zone.
I believe that the market may drop after a retest of the underlined blue area.

Goals will be 1.2517 / 1.2427

❤️Please, support my work with like, thank you!❤️

✅Join My Telegram Channel: t.me/VasilyTrading

❗️YouTube Channel www.youtube.com/c/VasilyTrader

💰Instagram: www.instagram.com/VasilyTrader/ 💰

✅Facebook: www.facebook.com/VasilyTrading/ ✅

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.