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ST_ForexSignals
Jun 29, 2020 1:55 PM

Possible short on GBPUSD Short

British Pound/U.S. DollarFXCM

Description

We are approaching a resistance level here on GBPUSD. Price has started to break through on the 4 hourly though there could be some pullback first.
Sentiment shows 70% of traders long on this pair, so we can be confident in taking this short.

For a risky entry, short now, or for a safer entry wait until price pulls back and retests a higher resistance level.
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