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BullmarketFX
Jan 26, 2021 4:58 AM

GBPUSD short Short

GBP/USDOANDA

Description

GBPUSD the weekly timeframe is forming a double top at strong monthly resistance, on the daily we are seeing a deceleration from the recent bullish rally, at the moment its to risky to be looking for any short but if the market will break below support and this bullish trendline and close from a daily perspective then we will have new structure and a good opportunity to look for a nice short on lower timeframes.
Comments
hotboyran
Nah
BullmarketFX
@hotboyran, its a possible scenario not a position until all rules are met.
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