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EliteTradingSignals
Dec 29, 2023 2:11 PM

GBP/USD BEST PLACE TO SELL FROM|SHORT Short

British Pound/U.S. DollarFXCM

Description


Hello,Friends!

We are going short on the GBP/USD with the target of 1.247 level, because the pair is overbought and will soon hit the resistance line above. We deduced the overbought condition from the price being near to the upper BB band.However, we should use low risk here because the 1W TF is green and gives us a counter-signal.

✅LIKE AND COMMENT MY IDEAS✅

Comment

I stand by my prediction and my idea is confirmed by the fact that the pair is moving towards the target!
Comments
EliteTradingSignals
What are your thoughts on GBP/USD ?
remarkableHero32138
@EliteTradingSignals, whats SL do you sugest? and is TP realy 1.2477 ?? seems very low
ombejonathan
bearish sentiment
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