GBPUSD analysis for 27 November 2020 Short

British Pound/U.S. DollarFXCM

Description

⋅ Nov 26, 2020 11:44 PM

I expect price to test the resistance level around 1.3400 before dropping. If it does break, am risking 30 pips. Risk to reward is 1:2.3, which is quite reasonable.

Comment

⋅ Nov 27, 2020 10:45 AM

Price got to my first profit region. That is over 30 pips

Trend Analysis Chart Patterns