idforexng

GBP/USD Potential Short position Approaching

Short
FX:GBPUSD   British Pound / U.S. Dollar
GBPUSD is approaching our resistance at 1.33175 (Target sell zone) and a strong drop might occur below this level pushing price down to our key support at 1.28056.
Stochastic (89,5,3) is also approaching resistance and we might see a corresponding drop in price should it react off this level.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.