I’ll look for short opportunities on the GBPUSD

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

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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 .