CollegeofPips

GBP/USD Potential Downward Movement

Short
OANDA:GBPUSD   British Pound / U.S. Dollar
πŸ’‘ Trade Idea

πŸ“‰ Sell Stop GBP/USD @ 1.3305

🎯 Target Profit 1.3148

πŸ›‘ Stop Loss 1.3383

❌ Do not risk more than 1% of your account on each trade

πŸ™‚ Good Luck!

The price failed to break and close above the 1.3398 level. Our expectation is a potential reversal by breaking the blue trendline and then higher correction towards the highlighted white zone, and from this level a move to the 1.3148 mark.
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Comments

Admire your efforts, thanks u dude!
+1 Reply
CollegeofPips Sinigdha123
@Sinigdha123 most welcome. Appreciate your feedback
Reply
great technical setup, well done! 🦐
+1 Reply
CollegeofPips plancton0618
@plancton0618 Thanks much appreciated πŸ™
Reply
AsgharZeinali plancton0618
@ plancton, what is the reason you call the bullish as wel the berish set up of everyone a great one?
Reply
Very good setup!
+1 Reply
CollegeofPips muhammad_vahhaaj
@muhammad_vahhaaj thank you much appreciated
Reply
amazing as usual!
Reply
CollegeofPips TheSignalyst
@TheSignalyst, Thank u
Reply
We share a similar view...Goodluck
Reply
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