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Adefxc
Apr 19, 2023 8:59 AM

SELL TRADE SETUP ON GBPUSD Short

GBP/USDOANDA

Description

Hey Traders,

Check this short opportunity on GBPUSD out..

The corrective wave completed and now anticipating for a breakdown of the flag might initiate the bearish continuation.

Watch out.
Comments
JoeChampion
I agree on USD strength, thanks!
Finchcliffe
Completely agree, UK is in a mess with interest rates not denting inflation. Also have RSI divergence on this pair last two peaks. FED have room to keep hiking and think we have a double bottom on DXY so definately expect this cross to drop to bottom of range like you suggest. Thanks for sharing!
Adefxc
@Finchcliffe, `Perfectly explained. Thanks
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