This my analysis on GBPUSD in the monthly and weekly time frame it was showing signs of a downtrend as well as on the daily. I used the hour time frame for confirmation and placed a limit order around the zones I marked to go short on this pair. my target entry is 1.23270 The trailing stop is 1.23959 I hope this analysis was helpful and please don't forget to like comment and follow
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.