- 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.
- The MVP indicator shows the uptrend. We take this into account as one of the important factors in today's forecast.
- When the price decreases, a signal is formed (orange labels), which implies an upward movement.
- Set Take profit at the local price maximum.
Chart & Analyst Comments