- According to the most brokers’ data, more than half of the traders are currently in long positions on GBPUSD. As a result, we recommend considering only Short trades at this time.
- Stop loss should be taken out of the buyers cluster. If the price passes it, it will likely go on.
- The first target is at the level of the previous bottom - 1.311, and the second one, in case of an active price decrease, is at the level - 1.3085
Chart & Analyst Comments