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

forex, GBPUSD 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 .