Strifor || GBPUSD-08/18/2023
Preferred direction: SELL
Comment: The British pound continues to be under pressure from the American as well, and we are going strictly according to plan 2, in the previously published trading idea. Now the price is close to 1.26989, the key support at the moment, at which one should expect a downward impulse. Stop losses of buyers will generate a sharp drop, but it is unlikely that the instrument will immediately fall to 1.25381.
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Comment: The British pound continues to be under pressure from the American as well, and we are going strictly according to plan 2, in the previously published trading idea. Now the price is close to 1.26989, the key support at the moment, at which one should expect a downward impulse. Stop losses of buyers will generate a sharp drop, but it is unlikely that the instrument will immediately fall to 1.25381.
Thank you for like and share your views!
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