Potential Reversal Short

British Pound/U.S. DollarFXCM

Description

⋅ Apr 29, 2020 1:09 PM

GU has bounced off of a major level at 1.2500 and is now showing signs of reversal. Looking for a strong move to the downside. As always, follow your trading plan.

Entry: 1.2442 - 1.2450
SL: 1.2505
TP1: 1.2352 (About 1:2 RR)
TP2: 1.2252

Trend Analysis