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Gbpusdsell

🔻 GBPUSD 🔻 SHORT - Globally, targeting 1.2231-day Chart - GBPUSD FX:GBPUSD OANDA:GBPUSD SAXO:GBPUSD FOREXCOM:GBPUSD We observed a highly impulsive downward movement upon reaching a key FTA. I anticipate a trend reversal in the near future towards the minimum targets of 1.223. P.S. If you liked the idea, hit the "Rocket" 🚀 (👇) – it would greatly motivate me. This will provide me with additional encouragement to continue sharing my market insights. Subscribe ↗️ to stay updated on new ideas.
Short
by SHIFU_
GBPUSD - SHORT; SELL it right here!What better of a (short) entry than just as this starts working it's way through that massive Shark on the Weekly ?! ... SHORT Not to mention that up to this point the Pound is the manifestation of everything that could be (and has been) thrown at it (monetarily speaking), including the kitchen sink. E.g., There just isn't much left in the BoE's arsenal that could prop this up any farther vs. the USD, endowing this Short Entry with an excellent Risk/Reward ratio!
Short
by Nemo_Confidat
23
GBPUSD: Bears are still too strong!TECHNICAL ANALYSIS If GBP/USD climbs above 1.2380, which is the 20-period SMA and the upper limit of the descending channel, and utilizes it as support, it may face temporary resistance at 1.2400 and 1.2420 before aiming for 1.2450, which is the Fibonacci 23.6% retracement of the latest uptrend. If it goes downwards, the first support is at 1.2330, the midpoint of the descending channel, followed by 1.2300 and 1.2240, which are the psychological level and Fibonacci 50% retracement respectively.
Short
by Jiren-SphynChannels