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SroshMayi
May 15, 2023 1:41 PM

GBPUSD 4H (Bearish side) Short

British Pound/U.S. DollarFXCM

Description

GBPUSD

The GBPUSD is trading remarkably Negatively,

the price will touch 1.2450 again because it already traded at the bearish zone as long as trades under 1.2542


Therefore, the bearish trend scenario will be valid and effective unless breaking 1.2542 and holding below it.


pivot price: 1.2542
resistance prices: 1.2600 & 1.2655 & 1.2700
support price: 1.2447 & 1.2399 & 1.2335

The movement range will be between 1.2542 and 1.2445

tendency: Bearish

Trade closed: target reached

hit target +65 pip
Comments
UnitedSignals
Thank you for your work
HayeTrading
Agreed, I think we see 1.24 flat sooner rather than later 👍
JoeChampion
I agree on USD strength, thank you!
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