Hello. This is my technical analysis for GBP/USD.
As you can see GBP/USD it's in a downtrend, making lower highs and lower lows since 26 October. If the trend continues, I expect it to make another pullback towards resistance, and then we can enter the trade at around 1.32833 with a 2:1 risk/reward ratio.
As you can see GBP/USD it's in a downtrend, making lower highs and lower lows since 26 October. If the trend continues, I expect it to make another pullback towards resistance, and then we can enter the trade at around 1.32833 with a 2:1 risk/reward ratio.
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