GBPUSD: Bearish MC, looking for short opportunities

Written by Raul Lopez on . Posted in Trades & Analysis.

The GBPUSD traded in a range for a couple of days near an important long term resistance level, but now, it broke through the short term support level and is in a clear bearish market condition:

GBPUSD
GBPUSD

My Trading Plan:

As long as the GBPUSD keeps trading below 1.6076 I will be looking for short trade opportunities.

All short signals will be ignored.

Trade Safe
Raul Lopez

Forex majors, GBPUSD Analysis, pound analysis

Raul Lopez

I've been trading the markets for more than 15 years. I believe the best way to trade is by adapting to the market conditions. You can learn it too, join our community .
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