ranadagger

Look to short GBP/USD on a retest of uptrend line or EMA

FX:GBPUSD   British Pound / U.S. Dollar
96 views
1
This currency pair is in a trading range. It looks ready to return into a trading range again. A double top is in place on the 60 min charts, the sequence of higher highs and higher lows looks in danger with prices going below the support of 1.5400. EMA's are also turning down, waiting for a retrace to 1.5420 levels to short keeping a close SL of 1.5440. The risk reward is favourable.

Comments

Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter
Profile Profile Settings Account and Billing Referred friends Coins My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out