GBP/USD: Daily outlook
Sterling Pound/U.S. Dollar forming a bearish channel and we're in the consolidation, today analyzing the Daily timeframe, I found out this chartist pattern where after the price break-down this consolidation, Pound could to drop to $1.1820 USD and find down opportunity to short Pound in front of U.S. Dollar
This it's my Daily analysis and my update to know the situation in medium term in Pound!!!
I hope that this analysis support you
Remember, we're shorting Pound in front of U.S. Dollar, and the early, Pound move positive the Consumer Price Index and raise 10.1% vs the forecast 9.8% what that was a little manipulation and liquidation of the trades, what i made a re-entry to short in $1.2117 USD as yesterday I was shorting from $1.2086 USD and hit my SL, now I'm in short again recover the loss that for now, I recover it and my extra earnings to earn.
Also, the first analysis of this week was Australian Dollar/Canadian Dollar that we take profit and I get 6.03% in earnings, also Aussie continue drop, but not bad, but my analysis was very good and my prediciton very well.
This it's my Daily analysis and my update to know the situation in medium term in Pound!!!
I hope that this analysis support you
Remember, we're shorting Pound in front of U.S. Dollar, and the early, Pound move positive the Consumer Price Index and raise 10.1% vs the forecast 9.8% what that was a little manipulation and liquidation of the trades, what i made a re-entry to short in $1.2117 USD as yesterday I was shorting from $1.2086 USD and hit my SL, now I'm in short again recover the loss that for now, I recover it and my extra earnings to earn.
Also, the first analysis of this week was Australian Dollar/Canadian Dollar that we take profit and I get 6.03% in earnings, also Aussie continue drop, but not bad, but my analysis was very good and my prediciton very well.
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