Name: GBPUSD Longer Term Short
Uploaded: 2024-01-15T09:38:41.180323
Channel: CromerKing
Description: As per the video the pound has been in decline over the past years so am looking for longer term shorts. On the weekly price action looks toppy and there's a good risk reward potential for entering short now looking for a retracement to 50% or even further. Whether it will ever reach parity or simply bottom out and climb remains to be seen in the future.

Trend Analysis longer-term longerterm dailychart shorts GBPUSD sterling sterlingdollar

trendanalysis longer-term longerterm dailychart shorts gbpusd sterling sterlingdollar

As per the video the pound has been in decline over the past years so am looking for longer term shorts. On the weekly price action looks toppy and there's a good risk reward potential for entering short now looking for a retracement to 50% or even further. Whether it will ever reach parity or simply bottom out and climb remains to be seen in the future.

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