M_Shariq

MY Trade Plan: Short/Sell GBPUSD

Short
FX:GBPUSD   British Pound / U.S. Dollar
My Trading plan:

I will short GU around 1.26235
I will trail it to 1.24400 (2nd Target) but will load off some around target 1. Stop loss is around 1.26684.

Reasons for shorting:
1. Retracement
2. Strong Resistance
3. Bearish trend

Disclaimer:
I am just sharing my trading idea. Also do your own analysis before taking any trade. Trading is very risky.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.