xosignals

GBPUSD, The long-term trend is down

Short
FX_IDC:GBPUSD   British Pound / U.S. Dollar
Last month the GBPUSD stopped right at the resistance line, just below the Ichimoku cloud.
We are only at the beginning of the current month, but you can already see that the current candle supports the bear model.
The GBPUSD is below the important moving average lines and below the Ichimoku cloud so our recommendation is to sell
Target: 1.2750
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.