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Why GBPUSD will go down below 1.0700 again....??

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FX_IDC:GBPUSD   Libra Esterlina/Dólar Americano
Dear friends,,

Today Topic: Why GPBUSD will go down below 1.070 again...??

So as we have seen at different times, the market moves up and down at different times. Different companies raise prices so much that it makes you think that the price of these things will go up more and we usually invest in this thinking. However, there are people who think this possibility is impossible (will increase). They even consider it a big drop. Today I will think about my point of view with those who think of gbpusd for long sell trading.

I can see here, resistance has been created here at gbpusd 1.423 price. Resistance and breakout have been created many times before this same price. As such, if I consider the point of view for sell trading, then if the price goes to 1.28800 and sell breakout (trade-line), then the gbpusd price will go to 1.1360 first and then the price will go up a bit to 1.2330 again. From here the gbpusd price will start to go down again and will finally stop at 1.070 (last trade line).

If you know anything, you can ask.

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