[GBPUSD] CONSOLIDATION?
Hello traders!
In the short term, our view is still bearish (see last setup), but in the medium term we do not rule out a new bullish leg (potential right shoulder development). From a technical point of view, we follow the pair's movement inside the channel.
OUR SETUP:
(Click and Play)
![[GBPUSD] CIRRECTIVE STRUCTURE IN PLAY...](https://s3.tradingview.com/e/EBruKGqH_mid.png)
POTENTIAL RIGHT SHOULDER (medium-term):
(Click and Play)
![[GBPUSD] RIGHT SHOULDER IN DEVELOPMENT](https://s3.tradingview.com/g/g0AxutBF_mid.png)
If you think this analysis can be useful, leave a your comment or your ILIKE!
Thank you for support and trade with care!
EDUCATIONAL: "How to trade a support"
![[GBPUSD] HOW TO TRADE A SUPPORT](https://s3.tradingview.com/u/UE8laHJT_mid.png)
In the short term, our view is still bearish (see last setup), but in the medium term we do not rule out a new bullish leg (potential right shoulder development). From a technical point of view, we follow the pair's movement inside the channel.
OUR SETUP:
(Click and Play)
POTENTIAL RIGHT SHOULDER (medium-term):
(Click and Play)
If you think this analysis can be useful, leave a your comment or your ILIKE!
Thank you for support and trade with care!
EDUCATIONAL: "How to trade a support"
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