Bearish movement continues
Analysis: GBPUSD attempted to breakout taking opportunity from the disappointing US data and started retrace but lack of sell momentum to go below 1.36.
Expect: GBPUSD to attempt breaking up once again, and if it fails once again, I expect it get back down below which is more of a possible scenario from my point of view.
SL, TP - in the chart. Trade safely.
If it breaks above 1.367 watch out instead of entering.
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Note: I intend to publish most of my charts public from now, so do make your own analysis instead of following me without knowing the risks.
Disclaimer: Chart is static market is not. I learn from loss and mistakes like everyone. No financial advise is given here. Your money your own risk. :) And Good luck.
Expect: GBPUSD to attempt breaking up once again, and if it fails once again, I expect it get back down below which is more of a possible scenario from my point of view.
SL, TP - in the chart. Trade safely.
If it breaks above 1.367 watch out instead of entering.
----
Note: I intend to publish most of my charts public from now, so do make your own analysis instead of following me without knowing the risks.
Disclaimer: Chart is static market is not. I learn from loss and mistakes like everyone. No financial advise is given here. Your money your own risk. :) And Good luck.
Penafian
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