We're sellers for now | 19 Octubre 2023

19 Octubre 2023, GBP/USD

We're sellers for now

GBPUSD is still very bearish. The market remains within the bear flag, indicating a potential further drop, possibly down to the support zone at '1.2071'. The price is currently in a bearish impulsive phase, following the V-wave pattern, and it appears to be forming the major outer wave 'V' as shown on the chart. Our target for this move is within a major support zone at 1.1995. Please note that you can enter a short position below '1.2110' with a profit target ranging from '1.2059' to '1.1995'.

Trade Recommendations:

We're sellers 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.