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Trader Journals:::2024-04-20T03:53:52

GBP/USD

GBP/USD

GBP/USD Hello colleagues. On the daily chart, the movement has been heading south for the second day already, and today trading is also heading south at the moment. I will try to forecast the pair's movement for the remaining trading time, whether the southward trend will continue or other scenarios should be expected. Let's see what the technical analysis of the pair recommends. Moving averages - actively selling, technical indicators - actively selling, conclusion - actively selling. Yes, it seems that the southward movement is best observed on this pair. Let's look at the release of important news. Important news has been released from the UK, the fact is rather positive. There will also be more important news coming out, with a neutral forecast at the moment. Important news will be released from the US, with a neutral forecast at the moment. Today, I expect a southward movement on the pair. I expect sales to reach the support level of 1.2355. Purchases are possible up to the resistance level of 1.2395. That's the trading plan for the remaining trading time. Good luck to everyone.
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