We're short for now | 20 Julio 2023
20 Julio 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.
Trade Recommendations:
We're short for now
The author's opinion reflects their personal view and is not an investment recommendation. The company is not responsible for any trading results based on the provided analytical data.
