Forex Positive
Short

GBPUSD: huge double bottom on daily chart

FX:GBPUSD   Pound Sterling/U.S. Dollar
The blue rectangle represents a long-term resistance zone around 1.4810-20, which was set from March to July 2013. This is the price zone for the double bottom formation which push GBPUSD             higher from 1.4800 to 1.7200.

Look to short GBPUSD             if it rallies towards the blue area.

Short GBPUSD             1.4810-20
SL above 1.4850
TP 1.4500

=====
http://www.ForexPositive.com
Twitter @ForexPositive
=====

United States
United Kingdom
India
Deutschland
France
España
Italia
Polska
Türkiye
Россия
Brasil
Indonesia
Malaysia
Việt Nam
日本
한국
简体
繁體
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Priority Support Contact Support Ideas Published Followers Following Private Messages Chat Sign Out