GBPUSD – Very clear bearish market condition

The GBPUSD is trading in a very clear bearish condition, it broke through an important LT support level and it is likely to continue its way down until it reaches the next LT support level:

As long as the GBPUSD keeps trading below 1.6353 I’ll keep looking for short opportunities.

The next LT support level is at 1.5984

Trade Safe!

Raul Lopez
Forex Training

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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 .