GBPUSD: Update

2019-12-24 13:48:10

https://www.tradingview.com/x/ZhMv7fd6/

hey traders,

I was asked a lot about GBPUSD and my take on it.

for now, I don't have any active trade on this pair.

the market has finally started to slow down and the first strong support to buy from is no 1.28.
I will let the market follow the falling channel until the underlined support
and there I will be looking for a reversal formation to buy the market.

this week I would suggest not to trade this pair and let it calm down before taking any action.

good luck!