British Pound / U.S. Dollar

Short

Updated

GBPUSD Short [4H Swing]

GBPUSD is Weekly Bullish, but over extended with a reptracement due. Daily and 4H show signs of bearish price action. Price broke through the previous Weekly Key Price Area and retraced back to form a potential Lower High to continue the bearish momentum.

Note

Increase SL by about 3-5 pips.

Note

Update SL to 1.2710

Trade closed: stop reached

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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.

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.