GBP/USD The pound is rapidly weakening. | 02 Abril 2024

02 Abril 2024, GBP/USD

GBP/USD The pound is rapidly weakening.

The pound, which had been under pressure from sales for a long time, eventually could not withstand it and sharply lost its positions. The long-awaited prolonged correction may not happen. The decline may be impulsive and become the beginning of the development of wave 3.

Wave 1 took the form of an initial diagonal triangle, which indicates a possible protracted nature of the observed downward movement. In this case, it is worth considering the possibility of concluding transactions for sale on updating the local minimum.

Investment idea: sell 1.2530, stop loss 1.2555, take profit 1.2400.

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.