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UnknownUnicorn10536215
Feb 21, 2021 9:05 PM

GBP/USD SHORT IDEA  Short

British Pound/U.S. DollarFXCM

Description

On this pair, we have clearly been on Primary Bullish Trend as we can see on the trendline channel drawn here, we are also at an area of resistance in the channel which also falls in line with a key contested area of resistance (the red rectangle extended area). At this area, I'd like to see a bearish reversal and probably a retest to the resistance area on the larger TMs before considering a correction to the support zones at the 1.37600 area.

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