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Pepperstone
Apr 4, 2019 4:56 AM

GBPUSD approaching resistance, potential drop!  Short

GBPUSD/1.32+GBPAUD/1.85+GBPNZD/1.94+GBPJPY/146.92+GBPEUR/1.17+GBPCHF/1.31+GBPCAD/1.75FXCM

Description

GBPUSD is approaching our first resistance at 7.02551 where we might see a corresponding drop to our first support level. Stochastic is approaching resistance as well.

Comment

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Comments
TradingShot
It currently needs to break the red Lower High trend line to continue higher. I believe it will.

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