GBP/USD – Week 35 – One more low expected.
As we forecasted in our previous analysis, the British Pound made a bearish pullback.
In the coming week, we expect the price to break the low again, and then we will study the price action to see if we will continue the bearish momentum or if we get signs of a potential reversal that we give a higher probability chance to happen.
Trade with care.
Best regards,
Financial Flagship
Disclaimer: The analysis provided is purely informative and it should not be used as financial advice. Remember that you need a plan before you start trading; so, take this knowledge and use it as a guidebook that will ultimately help you understand the market and easily predict your next move.
In the coming week, we expect the price to break the low again, and then we will study the price action to see if we will continue the bearish momentum or if we get signs of a potential reversal that we give a higher probability chance to happen.
Trade with care.
Best regards,
Financial Flagship
Disclaimer: The analysis provided is purely informative and it should not be used as financial advice. Remember that you need a plan before you start trading; so, take this knowledge and use it as a guidebook that will ultimately help you understand the market and easily predict your next move.
