Get started
Carrll21

GBP/USD High R/R speculative trade from the 1.32000 region

Short
British Pound / U.S. Dollar (FX:GBPUSD)  
Carrll21 Updated   
FX:GBPUSD   British Pound / U.S. Dollar
Trend Analysis Beyond Technical Analysis Technical Indicators GBPUSD gbpusdshort brexit
2
0
trendanalysis beyondta indicator gbpusd gbpusdshort brexit
On the 4H chart we can see that 1.32000 region has acted as a nice resistance/support zone in the past. Taking in consideration the Brexit vote in 50 Minutes, I am speculating that this pair will take another dive to the downside. This is very little to do with the actual technical analysis, but the 1.32000 region could play a big role in this one... Lets gamble a bit as well :) My TP is 1.31000 TP@ 1.30050
Trade closed: stop reached:
Well, this goes to show that gambling does not pay... :D
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.