Strifor || GBPUSD-11/12/2023
Preferred direction: SELL
Comment: The situation for the British pound is also not in favor of buyers, if only for the medium term, and then one can wait for a more favorable entry point slightly below the local minimum. There is quite a rich week ahead, so there are enough triggers for volatility.
The most interesting option for a short-term sale is considered after a slight increase in size for the purpose of a minor update. A less likely scenario involves a fall from current prices.
The target of the trade is a local minimum, at which it will be safest to place a take profit.
Thank you for like and share your views!
Comment: The situation for the British pound is also not in favor of buyers, if only for the medium term, and then one can wait for a more favorable entry point slightly below the local minimum. There is quite a rich week ahead, so there are enough triggers for volatility.
The most interesting option for a short-term sale is considered after a slight increase in size for the purpose of a minor update. A less likely scenario involves a fall from current prices.
The target of the trade is a local minimum, at which it will be safest to place a take profit.
Thank you for like and share your views!
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