British Pound after nice uptrend found strong resistance

Short

British Pound / U.S. Dollar (FOREXCOM:GBPUSD)

FOREXCOM:GBPUSD British Pound / U.S. Dollar

Trend Analysis

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trendanalysis

In my opinion price can fall down. So we can open short position now. As a target we can use support level (1.30000).

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Comments

SEB BANK ON FRIDAY RECOMENDED TO
TAKE POSITION AT: 1,3150
Target: 1,2550
Stop loss: 1,33

FamOfTrade

@AtlasTrades what do you think about it ? it will fall so much ?

FamOfTrade

@FamOfTrade, Maybe it can happen

FamOfTrade

@FamOfTrade, but not in nearest future

AtlasTrades

@AtlasTrades, SO IT WILL BOUNCE AT 1.3000 to -- HOW DO YOU THINK ? thanks for answears :)

FamOfTrade

@FamOfTrade, now I think so

FamOfTrade

@FamOfTrade, :)

FamOfTrade

@FamOfTrade, thanks for sharing

FamOfTrade

@FamOfTrade, check my new analysis

Absolute will touch 👌 your point