GBPUSD Short-term Technical Outlook
These technical outlooks are NOT trade ideas, they are simply technical analysis to give traders a DIRECTIONAL BIAS on the day.
Good evening traders.
Despite the rally off spike lows at 1.2039, pressure remains to the downside below the week's high at 1.2278.
Only a break above the latter will put pressure on the upside and eye highs at 1.2432.
At this point shorting opportunities are still preferred until proven 1.2278 is taken out.
Enjoy!
Good evening traders.
Despite the rally off spike lows at 1.2039, pressure remains to the downside below the week's high at 1.2278.
Only a break above the latter will put pressure on the upside and eye highs at 1.2432.
At this point shorting opportunities are still preferred until proven 1.2278 is taken out.
Enjoy!
