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ShaquanLopez

GBPUSD back down to pervious lows???

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Brittiska pund/Amerikanska dollar (OANDA:GBPUSD)  
ShaquanLopez  
OANDA:GBPUSD   Brittiska pund/Amerikanska dollar
Trend Analysis Supply and Demand Multiple Time Frame Analysis GBPUSD gbpusdshort gbpusdanalysis forextrading forexanalysis
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trendanalysis supplyanddemand mtfa gbpusd gbpusdshort gbpusdanalysis forextrading forexanalysis
We can see price has been decreasing this past year forming lower lows and lower highs. Price is now testing back in the range of 1.22905 and 1.20120. If price proves it can stay below 1.22905, we could see possible bearish movement back down to 1.03545.

How will this trade be invalidated? If price moves past 1.22905, price will become bullish overall and at that point will have reversed.

Thank you for reading my quick analysis. Follow for more analysis😁

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