GBP/USD – Week 14 – In the middle of the correction.
Last week, GBPUSD continued its corrective move towards the liquidity pool area without any major swings.
For this week, we expect the correction to continue until it will reach the liquidity pool area highlighted on our chart. From that point we will study the price action as we will start and look for sell setups that could push the price towards the 1.35 support area.
Trade with care.
Best regards,
Financial Flagship
Disclaimer: The analysis provided is purely informative and it should not be used as financial advice. Remember that you need a plan before you start trading; so, take this knowledge and use it as a guidebook that will ultimately help you understand the market and easily predict your next move.
For this week, we expect the correction to continue until it will reach the liquidity pool area highlighted on our chart. From that point we will study the price action as we will start and look for sell setups that could push the price towards the 1.35 support area.
Trade with care.
Best regards,
Financial Flagship
Disclaimer: The analysis provided is purely informative and it should not be used as financial advice. Remember that you need a plan before you start trading; so, take this knowledge and use it as a guidebook that will ultimately help you understand the market and easily predict your next move.
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