rodrigosmarts
Short

Important level for the Pound.

FX:GBPUSD   British Pound/U.S. Dollar
600 6 2
GBPUSD             is reaching for 1.5900, a very important level for this pair that has been sirving as much as resistance as support it for a very long time.
I'd sell the Pound inside the appointed Selling Zone, waiting for a 50-100 pips retracement, aiming for the raising yellow trendline or the channel center parallel border.

Stops on the breakout of the selling zone.

BE AWARE: This falling movement is more likely to happen on Friday when traders realize the profits for this sharp raising week.

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holywooodfx
4 years ago
Bravo! :)
Reply
rodrigosmarts holywooodfx
4 years ago
Thanks fellow. Follow this one!
Pound on the best buying zone
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