DLavrov
Short

GBPUSD Trading Idea

FX:GBPUSD   Pound Sterling/U.S. Dollar
101 0 12
We have price reversal from Moving Average with period 20. This reversal is also confirmed by RSI and falling MACD . Probably we are in the beginning of a new down trend. Open short trades below 1.3000 based on daily and hourly charts. Stop order can be placed above 1.3300 and profit target near support level 1.2500.
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