22 Tháng Chín 2023, GBP/USD
Technical observation
GBP has been trading with an increasing bearish bias for several days now and it is still rallying downwards slightly above the level 1.2235, today I expect a decline to the level indicated above followed by a possible rejection at it; if you are already holding short positions with this pair, pick your profits at the level 1.2235. In case of a bounce at the level 1.2235, wait for a correction to the resistance zone 1.2439-1.2426 to re-sell GBP with your take profit still at 1.2235 and stop-loss at 1.2485, on the other hand, if there is a decline below the level 1.2235, I expect the price to plunge further to the lower side.
Trade recommendation
Remain short with your take profit at 1.2235.
en 
id 
ar 
ru 
es 
pt 
th 
kz 
ua 
tj 
uz 
az 
ms 