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Seun_Abilawon

GBPUSD - EXPECTING A SHORT TERM BEARISHNESS

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Libra Esterlina/Dólar Americano (FX:GBPUSD)  
Seun_Abilawon  
FX:GBPUSD   Libra Esterlina/Dólar Americano
Trend Analysis Wave Analysis Fundamental Analysis cableshort GBPUSD gbpusdshort
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trendanalysis waveanalysis fundamental cableshort gbpusd gbpusdshort
Good day Traders, My analysis on cable remains strongly bullish. However, looking closing at the chart, you would observe that the pair has reacted to a previous weekly high as well as a level of resistance which is the portion shaded red.

I am expecting a short term bearishness in the form of a pullback and will be studying price action around key levels marked up.

It is important to remain patient until the market gives a clear indication, and starts breaking structure on the lower TF.

Target 1: 1.28134
Target 2: 1.26696

Happy Trading and Stay Safe Folks.
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