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The_Pip_Trader
Dec 6, 2023 8:20 AM

GBPUSD SELL ANALYSIS Short

British Pound/U.S. DollarFXCM

Description

FX:GBPUSD
Price broke below 1.26229 daily support breaking bullish structure. Price made a pullback and retested as resistance around the resistance area of interest with a bearish engulfing candlestick being my entry confirmation. Take note, today is a fundamental day thus low risk should be used to avoid big losses in case price goes against my bearish bias because of fundamentals today
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