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BradenBast
Mar 9, 2022 12:08 PM

GBPUSD Short

British Pound/U.S. DollarFXCM

Description

GBPUSD did a breakout yeasterday and pulled back to new resistance. I am expecting a move to the downside. You can see me entry and exit plan in the chart below. Wait for confirmation on the 1 hour/4hr before entry. I will update if trade is actice and my entry.
Comments
JoeChampion
Agreed, we might see GPUSD dropping to 1.27 levels in the long term!
BradenBast
Before entering this trade wait for a false bearflag on the 15 min chart and break past resistance at 1.31451
BradenBast
we are hitting bullflag breakout on 15m so hold off. Now looking at CADUSD short IDEA
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