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MaBaCapital2
Aug 6, 2020 7:23 AM

Trade idea for GBP/USD Short

British Pound/U.S. DollarFXCM

Description

We can see that the price is close to the wedge and close to the resistance zone. We can see that the price already did a fake out. We do have to keep in mind that there is some news coming out today that could boost the price up and above the resistance zone if the news is good. So with all the news coming out please make sure to keep this trade low risk.

Please let me know in the comments what you think of it.
If you like the idea don't forget to give it a like and follow me for more ideas.
If you have any questions, feel free to PM me.
Comments
InkyGrip
nice idea man! upvote!
MaBaCapital2
@plancton0618, Thanks man :-)
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