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GBPUSD Technical Overview and Trade Opportunities
GBPUSD Technical Overview and Trade Opportunities
- USD demand due to delay on the stimulus package.
- Brexit uncertainty.
On the smaller charts, Cable trading below SMA 100 and SMA200.
Price Action Sniper is ready to sell.
Cycle Sniper is about to cross down the 0 line.
Breakout Sniper is ready to cut the trendline.
Bearish Triangle can be used as a selling opportunity.
Targets are mentioned on the chart.
GBPUSD Intraday Bearish Scenario by chartreader_pro on TradingView.com
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DISCLAIMER: This is a technical analysis study, not advice or recommendation to invest money
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these securities. You should do your own thorough research before making any investment decisions. Chartreaderpro does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Forex involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress.
