GBPUSD couldn't break a strong level. Short

British Pound/U.S. DollarFXCM

Description

⋅ Oct 21, 2019 4:47 AM

Hello Traders!

GBPUSD made a double top pattern.
The level 1.298 is very strong and the price could not break it.
I expect a fall to the support level of 1.2777

Comments

FXShinobi

⋅ Oct 21, 2019 4:52 AM

Looking at this setup too, nice

stanketa

⋅ Oct 21, 2019 8:52 AM

The banks or big instututions are pushing up and they could push till 1.34 gbp usd level if it's profitable for 'em especially if all traders trying to sell...playing games like always.

stanketa

⋅ Oct 21, 2019 8:49 AM

Look like 1.2998 level is broken unless my indicator wrong? Now price above that resistance.

DeGRAM

⋅ Oct 21, 2019 5:33 AM

Write what you think about GBPUSD

platinumcomplex

⋅ Oct 21, 2019 5:26 AM

At market open I expected a hard push short... Watch out for the nasty reversal to the upside...