amanpaulbhogal
Short

Opening week sell possibility 2 - GBP/USD

FX:GBPUSD   British Pound / U.S. Dollar
2. GBP/USD            

Recently, resistance has been eye-catching on GBP/USD             in the 1.5660 area where price closed off of last week not only rejecting this price proximity but also warding off trend line support that price action broke through in the last week of August. This duo of resistance proposes a price movement to the downside over the coming days.

entry - below low of bearish bar
stop loss - above high of bearish bar
target - at previous support levels/lows
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