FX:GBPUSD   British Pound / U.S. Dollar
GBPUSD bounce the support and hit the resistance for 3rd time and still going downward pressure.

There`s 2 ways in this method :
Long (If bounce occur on 1.2620) (TP 10 - 20 max due to downtrend/uncertainties on news.).
Short (If it was from 1.265 - 1.269 after bounce and resistance reached) (TP 30 - 100)

Good luck tomorrow, happy trading everyone.
Dec 24
Trade active: Tooked TP 30 on Long options at 1.262 > 1.265, currently shorting 1.267 as it stops going upward.
Dec 24
Comment: Zig Zag pattern suggesting that you can take small 10 - 20 pip in both side Short/Long. But currently staying short at least or now.

Comments

Nice analysis mate :)
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noobyforex Stocks_And_Forex_Mafia
@Stocks_And_Forex_Mafia, thanks, still learning c:
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