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FXSJGOLD

GBPUSD SELL LIMIT

Short
British Pound / U.S. Dollar (FX:GBPUSD)  
FXSJGOLD  
FX:GBPUSD   British Pound / U.S. Dollar
Trend Analysis Chart Patterns Beyond Technical Analysis GBP USD DXY dollar GBPUSD gbpusdshort gbpusdsignal gbpusdsell gbpusdsetup
10
16
trendanalysis chartpattern beyondta gbp usd dxy dollar gbpusd gbpusdshort gbpusdsignal gbpusdsell gbpusdsetup
SELL @ 1.22500
Sl @ 1.23100
Tp @ 1.19000

Price didn't push up last week to reach our entry but has reached our TP level and pushed back up since (check related ideas section below). We are seeing rejections off the parallel channel, expecting further weakness as we should see DXY strength soon which should help push this down. We do have an important GBP event so trade this pair with caution.
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