GBPUSD - Further Decline
I have been following GBPUSD's recent decline from the 1.38000 level over the past few weeks across various intra day positions.
I am anticipating price to fall further toward the September low at the 1.34000 psychological, which is also it's lowest price since December 2020.
I have entered another short position today following the retest of the 1.36 level, which i am hopeful can hold as resistance.
Let's see how this plays out over the next few days and if our target can be reached.
I am anticipating price to fall further toward the September low at the 1.34000 psychological, which is also it's lowest price since December 2020.
I have entered another short position today following the retest of the 1.36 level, which i am hopeful can hold as resistance.
Let's see how this plays out over the next few days and if our target can be reached.
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