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GBPUSD-Weekly Market Analysis-Jun20,Wk3
GBPUSD on the higher timeframe on the daily chart, it is a bearish trend, right not the setup is at its the perfect shorting opportunity.
There are 3 opportunities to short this pair.
1. Within the sell zone(red box) there is a shorting opportunity
2. Personally, I preferred to short on the bearish shark setup on the 1-hourly chart
3. The head and shoulders on the 4-hourly chart for a shorting opportunity.
It is a pair I'm going to watch closely for the next trading opportunity.
There are 3 opportunities to short this pair.
1. Within the sell zone(red box) there is a shorting opportunity
2. Personally, I preferred to short on the bearish shark setup on the 1-hourly chart
3. The head and shoulders on the 4-hourly chart for a shorting opportunity.
It is a pair I'm going to watch closely for the next trading opportunity.
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