GBPUSD Daily Time Frame: Short?

١٦ أغسطس ٢٠٢٣

Based on my chart analysis it goes down from 1.2750: TP 1.24 and SL 1.2840.

٢٣ أغسطس ٢٠٢٣

ملاحظة

What is the next?

٢٤ أغسطس ٢٠٢٣

ملاحظة

TP changed to 1.25100 due to the potential of forming a new pattern.

٢٨ أغسطس ٢٠٢٣

ملاحظة

One more sell opened at 1.2610 for 200 pips profit and with very tight SL. Lets see!

٢٩ أغسطس ٢٠٢٣

ملاحظة

Let's update the chart and see what happened after we got the fundamental data.

The price is in the consolidation phase and channel formation stage. Since this parallel channel or rectangle is considered a continuation pattern, the downward trend is expected to continue after the channel break. Lets see what will happen.

٦ سبتمبر ٢٠٢٣

تم إغلاق الصفقة يدويًا

Closed manually at 1.2490