gbpusdTrading Outlook

Gbpusd: thin trading levels!


Firstly, you are aware the world is kicking off holidays.

so we have to be careful while analyzing this market.

without any major players, it could stagnant or swing between gaining and losing.

Since we are trend following trader thus we have to have sold this market by reviewing yesterday’s trading.


we would prefer to sell below1.2982 with stop loss. 1.3036 and looking for the target. 1.2880/1.2852.


Finally, if break out 1.3036 occurred we would be seen drifting towards 1.3039/1.3083.