GBPUSD market breakdown 11-11-2021
GBPUSD / 1D
This is an update on the setup shared before on GBPUSD, As mentioned before,
we observed a high time frame Wycoff distribution (Daily time frame)
which suggested a lot of weakness on this pair.
As it seems, GBPUSD is trading inside a downtrend channel now,
and it's nearing the support level of the channel, we expect the price to reject this level for a pullback.
Trade safe,
Trader Leo.
This is an update on the setup shared before on GBPUSD, As mentioned before,
we observed a high time frame Wycoff distribution (Daily time frame)
which suggested a lot of weakness on this pair.
As it seems, GBPUSD is trading inside a downtrend channel now,
and it's nearing the support level of the channel, we expect the price to reject this level for a pullback.
Trade safe,
Trader Leo.
إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.