An extreme downtrend of GBPUSD. will it continue?
Analysing Forex from The Market side & perspective.
Hello traders, today we will analyse GBPUSD. After our analysis last friday, the market went down for 175 pips that we can see it clearly yesterday. But the market goes up again for 95 pips in New York sessions. Not to forget our cleared positions at 1.2600. We have a recommended positions from our last analysis BUY at 1.2686 which have not touched yet because of downtrend. And two new positions BUY at 1.2619 and SELL at 1.2548 if the market continues the downtrend.
Hello traders, today we will analyse GBPUSD. After our analysis last friday, the market went down for 175 pips that we can see it clearly yesterday. But the market goes up again for 95 pips in New York sessions. Not to forget our cleared positions at 1.2600. We have a recommended positions from our last analysis BUY at 1.2686 which have not touched yet because of downtrend. And two new positions BUY at 1.2619 and SELL at 1.2548 if the market continues the downtrend.
