Paun British / Dolar A.S.
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GBPUSD Will Go Down! Sell!

216
syot kilat
Please, check our technical outlook for GBPUSD.

Time Frame: 1h
Current Trend: Bearish
Sentiment: Overbought (based on 7-period RSI)
Forecast: Bearish

The market is trading around a solid horizontal structure 1.250.

The above observations make me that the market will inevitably achieve 1.247 level.

P.S
Please, note that an oversold/overbought condition can last for a long time, and therefore being oversold/overbought doesn't mean a price rally will come soon, or at all.

Like and subscribe and comment my ideas if you enjoy them!
Dagangan ditutup: sasaran tercapai
That was an excellent trade and the target was reached too!
syot kilat

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