We're short for now | 03 Octubre 2023

03 Octubre 2023, GBP/USD

GBPUSD is currently very bearish. The price is in the impulsive phase known as the V-wave pattern, and from the chart above, we can see that the price is forming the impulsive major outer wave 'V.' Our target for this move is within a major support zone at 1.1995. Lastly, it is important to note that the price is almost reaching our target, so placing a short position now carries a high level of risk. Again, If you are holding a short position, consider moving the stop loss to breakeven to minimize risks.

Trade Recommendations:

We're short for now

Bob Stan
¿De acuerdo con la revisión?
Opinión de los comerciantes:
Close
Iniciar sesión
Su navegador no admite cookies. Si la cookie está desactivada en su navegador de Internet, es posible que tenga problemas con la representación del área Personal. Cómo habilitar el soporte para cookies.