- According to the most brokers’ data, more than half of the traders are currently in short positions on GBPUSD. As a result, we recommend considering only Long trades at this time.
- Pay attention to the accumulation of sellers near the current price. Such situations during a downtrend may indicate an upcoming correction. As a result, we will be going with a short-term Buy Order.
- The first target is at the level of the previous peak - 1.296, and the second one, in case of an active price increase, is at the level - 1.297
Chart & Analyst Comments
