FX-TradingLions

GBPUSD | SEEMS LIKE IT COULD BE A GOOD SELL IF WE ARE PATIENT

Short
FX:GBPUSD   British Pound / U.S. Dollar
Hello traders,

Could be a nice #gbpusd sell coming up if we get yet another confirmation bounce off 25-50 moving averages with a bearish engulfing candle for confirmation entry.

At the moment its bouncing off the latest support and forming a double bottom, but if we do get a bearish engulfing candle the price squeeze will likely re-test the bottom once again.

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