🇬🇧 GBPUSD 🇺🇸 - Sellers' liquidation before further decline
GBPUSD is preparing to test the support. The price has been forming consolidation since the opening of the session. Most likely, local resistance may be tested with the aim of liquidating sellers with further decline to the potential target of 1.28.
Reasons for further decline:
1) Dollar rises on news, this is negative for GBP
2) False breakdown of 1.28 forms a potential for a decline
3) The target is the accumulation of orders below 1.25.
4) Neutral trend, range. Resistance is tested, target is support
Reasons for further decline:
1) Dollar rises on news, this is negative for GBP
2) False breakdown of 1.28 forms a potential for a decline
3) The target is the accumulation of orders below 1.25.
4) Neutral trend, range. Resistance is tested, target is support
Trade ativo
Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.