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Tradewith_Thabang
May 20, 2020 4:18 PM

GBPUSD 

British Pound/U.S. DollarFXCM

Description

Here's another beautiful short on GBPUSD!

The market is originally trading to the down side. We were able to identify a key support area on 1.22778. The market has rejected this area not once but twice, forming a double top on H1 and H2, which is a beautiful pattern to confirm a trend reversal or an end of a pull back. We also have another confirmation on our RSI, which is a divergence. With these two confirmation it is safe to say we riding this one to the downside.
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