Bearish GBP

1 lis 2021

Let's have a look on the GJ 4H timeframe. Once the price creates new maximum at 158.23, fail to create another new HH and starts to come back to the region of 156.000. We are sitting is a very strong support level now. I am sure that a lot of traders start to buy now. But I still see further bearish move to the downside.. My main target is 154.000

4 lis 2021

Uwaga

Update - so guys the first impulse to the downside was appeared. WE are still in the short positions and today we are ready to add another short position. Target is still the same - area of 154.000