Hope you all had a great weekend.
What currency pairs will you be monitoring this week?

One of the currency pairs that I like this week is the GBPUSD, earlier today it broke through an important support level, triggering a bearish market condition:

See how it is trading below the support level? I’d definitely feel comfortable shorting the cable.

What do you think?

Good luck for the week ahead!

Raul Lopez
Forex Coaching