FxWirePro

GBP/USD Intraday trade idea

Short
FX:GBPUSD   British Pound / U.S. Dollar
0
GBP/USD is facing major intraday resistance around 1.5280 and any break above will take pair to next target 1.5320/1.5349.

On the downside major intraday support -1.5200 (200 day HEMA) and below will drag the pair further to 1.5160/1.5125.

Indicators (15 min chart)

CCI (50) - Sell
CCI (14) – Sell
Ichimoku- Sell
200 EMA- 1.5243

Recommendation: Sell GBP/USD around 1.5238, SL 1.5281, Targets 1.5162/1.5128.
.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.