AzrulAzir

GBPUSD Update analysis

Short
FX:GBPUSD   British Pound / U.S. Dollar
We already hit 6 win trade at GBPUSD without any stoploss hit.
last week I post new analysis with 220 pips target, but we have a new pattern,..

As u can see, cable perform falling wedge and almost reach resistance.
At falling wedge resistance, we also have fibonacci 0.618, so this will be a strong resistance for GBPUSD.

Trading plan :
Short range : 1.2950 - 1.2985
Target range : 1.2859 - 1.2816
Stoploss : use your money management system

Good luck

my previous analysis :

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