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OraclePips
Nov 18, 2022 6:53 AM

GU BIAS: STRONG SELL Education

British Pound/U.S. DollarFXCM

Description

Why do we hope to sell the cable today? The price has for me a semi-classic pin bar at the key level resistance area which is signaling a weakness on the side of the bulls. Historically, the price has never been able to make a new high. There has never been any attempt to break the resistance level of 1.1965.

Stop Lose: 1967; Take Profit: 1.1833; Secnd Take Profit: 1.1765

Finally, the conclusion is SELL.
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