TradingView
Trade_Simple_FX
Jan 20, 2021 8:29 AM

GBPUSD H4 - Short Trade Setup Short

British Pound/U.S. DollarFXCM

Description

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.
More