Get started
FrancoMeyer

GBPUSD Sell Oportunity

Short
British Pound / U.S. Dollar (FX:GBPUSD)  
FrancoMeyer  
FX:GBPUSD   British Pound / U.S. Dollar
Trend Analysis Chart Patterns GBPUSD gbpusdshort gbpusdsetup
2
0
trendanalysis chartpattern gbpusd gbpusdshort gbpusdsetup
GBPUSD has been in a down trend for months.
Creating LH and LL on the daily time frame.
Trendline and EMA as resistance with round 1.18000

*Word of caution: GU has created a double bottom on the weekly TF, however, I am still bearish until we break daily market structure.
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.