TradingView
Trading2ez
Sep 29, 2022 9:56 AM

GBP/USD likely to fall! Short

FX:GBPUSD30
British Pound/U.S. DollarFXCM

Description

⋅
Hey tradomaniacs,

looks like GU has just re-tested the resistance-zone after fakeout with great momentum to attract ans absorb buyers.

So far a great spot to go short but still risky due to the news from BoE.

Make sure if u short that you manage aggressively!

What do you think?

Comment

⋅
Trend AnalysisChart PatternsTechnical Indicatorsgbpusdsellgbpusdanalysisgbpusdchancevolumstudiesopportunitydaytradeswingsetup
Comments
aoe_blackrider
⋅
totally WRONG DIRECTION.... omg......
Trading2ez
⋅
@aoe_blackrider, thanks for the update brother hahaha
jamison_fx
⋅
Technically looks good but I think we may see another little push up before the long term continuation
Trading2ez
⋅
@jamison_fx, possible =) I personally look at the market-depth and have seen how sellers are fooling buyers.

But ofc things can quickly change ;-)
More