GBPUSD trade idea

2021年6月16日

GBPUSD Analysis: GBPUSD possible breakout to the downside. Price closes slightly below 1.40889 support level breaking ranging market. Dollar index 'DXY' is showing strength which is pushing pair to the downside. If price shows rejection from 1.40889 which will act resistance previously support, I will take sell trade on retracement, and my targets will be 1.40085 and 1.39126 support levels.