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forex_prodigy
Jun 10, 2020 7:24 AM

(GBP/USD) Potential Sell Opportunity Short

British Pound/U.S. DollarFXCM

Description

Good Morning Traders. I hope everyone has had a great week so far.
These are my thoughts for GBP/USD.
After a strong push to the upside momentum is finally starting to exhaust. I expect price to correct before continuing on an uptrend.
Reasons for trade:
- Strong wick rejection on 1hr indicating sell pressure.
- Price over brought
Advice:
Trade one pair at a time. Its best to focus you attention on one thing at a time.
Peace Out
Forex Prodigy.

Trade closed manually

Fake out , still alot of bullish pressure , closed early

Comment

Closed at 2%
Comments
Razack60
Can I sell GBPUSD at this level?
forex_prodigy
@Razack60 potentially looking for shorts tomorrow
issafx1
Goes with my strategy that i published
Razack60
Can I sell gdp/usd at this level
Razack60
What can I expect on the GBPUSD down today?
TerryFX_
Nice analysis 💪🏾
forex_prodigy
@ForexTG98, thanks bro
CryptoCurriculum
Best Analysis I've seen in awhile!
forex_prodigy
@M_B2W, broski
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