GBP/USD BEST PLACE TO SELL FROM|SHORT

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Libra Esterlina/Dólar Americano (FX:GBPUSD)

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FX:GBPUSD Libra Esterlina/Dólar Americano

trendanalysis chartpattern waveanalysis gbpusd short sell trading bearish forex forecast tecnhicalanalysis containsimage

Hello,Friends!

GBP/USD pair is in the uptrend because previous week’s candle is green, while the price is obviously rising on the 12H timeframe. And after the retest of the resistance line above I believe we will see a move down towards the target below at 1.245 because the pair overbought due to its proximity to the upper BB band and a bearish correction is likely.

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Comentário:

I stand by my prediction and my idea is confirmed by the fact that the pair is moving towards the target!

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