GBP/USD Weekly Forecast (13th July - 17th July))
Double top pattern on GBP/USD chart.
RSI shows divergence, so breaking the support seems more likely than continuing the trend.
With a pending order, we can easily catch any breakout under the support. For a target price, the next key level may be a good choice.
RSI shows divergence, so breaking the support seems more likely than continuing the trend.
With a pending order, we can easily catch any breakout under the support. For a target price, the next key level may be a good choice.
Trade active
Comment:
Move SL to 1.2540
Trade closed manually:
Trailing stop closed at 1.2507. 60 PIP+