spesfinancial

GBPUSD Price under resistance

Short
FX:GBPUSD   British Pound / U.S. Dollar
It seems that GBPUSD is resisted at around 1.5250. We could see that there are horizontal resistance and fib 50% resistance both working here. I won't choose to enter short right now as the short-term trend is still up. Let's wait for a very weak candle confirming the short-term short bias, then looking for short entries.

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