Viktor_strifor_analyst

Strifor || GBPUSD-22/12/2023

Short
FX:GBPUSD   British Pound / U.S. Dollar
Preferred direction: SELL
Comment: The situation for buyers in the pound is of course more difficult than in other major trading instruments. Here we will fully consider only sales. An update of local maxima is certainly possible here, but it is unlikely. Therefore, the best option would be a gradual entry into the market, that is, a gradual set of positions.

The downside target is located at the support level 1.26000.

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Trade active
Comment:
At the moment, sell-priority remains, but it is best to consider entry points after the new year. The current market activity is too low to open a position, and it is also better to refrain from transactions before the New Year's holidays.
Trade closed: target reached

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