Trade_Simple_FX

GBPUSD H4 - Short Trade Setup

Short
FX:GBPUSD   British Pound / U.S. Dollar
GBPUSD H4 -

We are still trying to break above that 1.37 handle, USD weakness again as we crack beneath the latest s/r zone on the DXY . Analysis to follow.

1.37 is the latest breakout high... as well as a whole number resistance price. From 1.37 down to 1.36 offer 1:5R, looking to capitalise on this if we approach 1.37 with reversal signals, lower timeframe break and retest or H4 price signals.

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