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Forex_League_Analysis

GBPUSD 30min Analysis December 10th, 2020

Short
British Pound / U.S. Dollar (OANDA:GBPUSD)  
Forex_League_Analysis  
OANDA:GBPUSD   British Pound / U.S. Dollar
Trend Analysis
3
0
trendanalysis
Price is respecting the 200MA on the 30min timeframe as resistance. We are looking for a clear LH to form around the .618 fib level, previous support trendline, and below the 200MA. A lot of confluence in that zone of 1.336. Look to enter on any bearish engulfing/variation. Our first TP target will be the weekly level and the -.272 at 1.322
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