GBPUSD outlook guriforex trading signal 11 may 2023


GBPUSD outlook Guriforex Trading signal

The pair is extremely bearish. The price broke through 1.2580, forming a lower low and signaling the trend reversal. Now, we have to pay attention to the 1.2500 support. When GBPUSD breaks below it, the primary target will be at the support trendline, around 1.2505.

Trade: Sell GBPUSD on the breakout of 1.2550
TP: 1.2505

Are you bullish or bearish on GBPUSD?

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