skurtmatrix

Forecast of GBPUSD

Short
FX:GBPUSD   British Pound / U.S. Dollar
Tried breaking the resistance area, sellers find an entry point to sell and it hits the supporting area which gave buyers the drop to buy.

----
This trade is 1;2 chance of hitting TP. whilst this could be a opening for buyers to continue the bullish movement. the indications of the chart suggest it'll be a bearish movement.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.