Hi Traders, The higher timeframe indicates downtrend and we are looking for Short positions in GBP USD. A good sell position would be when price close below 1.28668 (yellow), for a target of 1.28470 (red) and a stoploss above 1.28766 (Green). For queries comment below and dont forget to like and follow. Happy Trading....
Comment
⋅
Levels have changed for a sell, We can enter a sell position when a red candle closes below 1.29311, for a target of 1.28990 with a stop loss maintained above recent low.