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Zaks_ForexRules
Feb 26, 2021 12:24 PM

GBPUSD Short it Short

British Pound/U.S. DollarFXCM

Description

Greetings Traders this is my analysis for GBPUSD and it is short.

We can see on the chart that the price has reached the Resistance Line after a good uptrend swing movement.It was a result that has crossed the Resistance Line.

Now it has reached its potential and it is preparing for a Downtrend Movement to the Support Line.

StopLoss can be above the Resistance Line.

Traders Make your analysis before trading.

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Thank you!
Comments
princejamali31
my sorry
princejamali31
I get Money to Problem?
TK_71
I am taking my profit @1.3860. There is a potential of rebounds before dropping that low. I still see 1.372-1.375 as a good support level
TheSignalyst
Well done gentleman Zaks
Mahtab_Tradia
Nice chart!
jojofang0901
Greer same view :) keep it uoc
KlejdiCuni
Have a similar view on this, Thanks.
Zaks_ForexRules
@KlejdiCuni, Thanks :)
fbngrgt
Nice analysis! Im short as well so I hope it works out
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