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zuoertai
Nov 9, 2018 12:02 AM

[GBPUSD] Upward trend line breached and resistance hold - short Short

British Pound/U.S. DollarFXCM

Description

1. Major resistance level holds
2. Upward trend line has been breached
3. New downward trend line has formed
4. DXY is expected to continue its upward trend after pull-back

===> Short at around 1.31000 and take profit at around 1.30000

*Keep an eye on upper resistance level at around 1.31000 as well as Brexit news.

Trade closed: target reached

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