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We're short for now

We're short for now | 20 July 2023

20 July 2023, GBP/USD

GBPUSD continues its bearish momentum, aligning with our previous analysis (7/19/2023). The market remains within the corrective phase, following the ABC corrective pattern. Presently, the market is forming the minor wave "a", and we anticipate a further decline with a target set at "1.2526". If you currently hold a sell trade, consider adjusting your stop loss to breakeven to protect your profits. Additionally, ensure you apply proper risk management techniques to manage your trades effectively.

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We're short for now

Bob Stan
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