Weekly reviews

GBPUSD market technical outlook

GBPUSD

Analysis method - “Gann Swings + Price Action”

September 8, 2018


Weekly chart: After forming of a short upswing, a new downswing was launched. Obvious target of bears is the structure’s low 1.2661.

Conclusions: So, we expect continuation of pair’s decline in direction 1.2661.

Trading recommendations: Shorts towards 1.2661.