DragonCaptain

GBPUSD SELL STRATEGY - ANALYSIS

Short
FX:GBPUSD   British Pound / U.S. Dollar
GBPUSD rejected from 1.2800 resistance and moving nicely towards 1.2100. It has broken through nice 3 resistance points at 1.2750, 1.2620, and 1.2470 and will hold the support at the bottom. We will take a sell trade on a pullback and retest of 1.2470 resistance and will place our profit position 1.2150 and stop-loss at 1.2620.

Share your comments and feedback in comments section.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.