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GBPUSD Weekly analysis and available opportunities
A breakout must likely will happen :
1st Scenario : Breakout the descending trend now ,, then we will be looking for a buy signal above 1.38722 targeting 1.40000 & 1.41288
2nd Scenario : another lower low toward the daily low 1.36700 then to breakout the descending trend for better R:R ratio
over all i dont recommend to look for short positions in this time as a small recovery during this weak is highly expected before the big fall
1st Scenario : Breakout the descending trend now ,, then we will be looking for a buy signal above 1.38722 targeting 1.40000 & 1.41288
2nd Scenario : another lower low toward the daily low 1.36700 then to breakout the descending trend for better R:R ratio
over all i dont recommend to look for short positions in this time as a small recovery during this weak is highly expected before the big fall
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