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VasilyTrader
Oct 11, 2019 7:37 AM

GBPUSD: Catching Pullback After Bull Impulse Short

British Pound/U.S. DollarFXCM

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hey traders,

yesterday we saw a very significant movement on GBPUSD
and the pair is very very close to a key supply zone .

I think that many traders will take profits inside this area and structure trades will open shorts.
For this reason, on my trading radar is 1.249 - 1.258 area of resistance.
I will be waiting for a reversal signal inside this area to short the pair.

Target levels will be 1.24 and 1.23
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