Get started
UnknownUnicorn1354503

Short GBPUSD broke 1.3029

Short
British Pound / U.S. Dollar (FX:GBPUSD)  
UnknownUnicorn1354503 Updated   
FX:GBPUSD   British Pound / U.S. Dollar
Trend Analysis Support and Resistance Forex GBPUSD keylevels forextrading Currencies
6
2
trendanalysis supportandresistance forex gbpusd keylevels forextrading currencies
GBPUSD broke the key level 1.3029 and is currently entering a downtrend movement, using the Trend ribbon we were able to find the reverse point.
- SL placed over earlier resistance
Comment:
trade is near the target price, but at that price, I will close 70% of the trade. The GBPUSD broke a really important level at 1.3000 so I think it could continue the downtrend
Trade closed: target reached:
Closed with 48+ pips

Related Ideas

UnknownUnicorn1354503
Possible short on USDCHF
UnknownUnicorn1354503
EURUSD Further downtrend
UnknownUnicorn1354503
EURUSD Short
UnknownUnicorn1354503
TrendRibbon
UnknownUnicorn1354503
Ripple, price compression
UnknownUnicorn1354503
The Mastercard Trade
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.