GBPUSD Will Go Down! Sell!

4月26日

Please, check our technical outlook for GBPUSD.

Time Frame: 1h
Current Trend: Bearish
Sentiment: Overbought (based on 7-period RSI)
Forecast: Bearish

The market is trading around a solid horizontal structure 1.250.

The above observations make me that the market will inevitably achieve 1.247 level.

P.S
Please, note that an oversold/overbought condition can last for a long time, and therefore being oversold/overbought doesn't mean a price rally will come soon, or at all.

Like and subscribe and comment my ideas if you enjoy them!

4月27日

交易結束：目標達成

That was an excellent trade and the target was reached too!