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.
Trade Recommendations:
We're short for now