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ExtendedForex

GBPUSD

Short
British Pound / U.S. Dollar (FX:GBPUSD)  
ExtendedForex  
FX:GBPUSD   British Pound / U.S. Dollar
Trend Analysis Chart Patterns
6
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trendanalysis chartpattern
GBPUSD - we did see a strong push to the up side. On the 4H chart i can see a : strong resistance level , fibonacci retracement golden zone (0.5 - 0.618) , SMA crossover ( 21 - 50 ) and a strong support that becames a resistance level now. great break and retest strategy.

snapshot
GBPUSD SELL

ENTRY PRICE: 1.26230

TAKE PROFIT : 1.25082 ( 114 PIPS PROFIT )

STOP LOSS : 1.26804 ( 57 PIPS LOSS )
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