GBPUSD short

24 thg 6, 2020

After a target hit in the previous analysis bears lost momentum allowing a retrace to a critical zone around 1.2500. Bears have regained strength as predicted leading the down trend to lower price levels. A critical target support zone can be established at 1.2200 where price should either consolidate or go into a reversal trend. A partial profit (Take profit 1) can be set at 1.2350.