Forextuitions

GBPUSD SHORT TRADE SETUP

Short
OANDA:GBPUSD   British Pound / U.S. Dollar
The weekly right side is down against 1.4393. The daily has a bearish sequence however is turning up against the March 2020 lows at 1.1412. The 4 hour is turning up against 1.2244. The 1 hour right side is up against the 1.2646 lows. While above 1.2244 low expect the pair higher toward 1.3200 before it corrects the cycle from the March 2020 lows.

Short term Trade

Short GBPUSD
@1.2890-1.2900

Tp: 1.2810
SL: 1.2925

Good luck !
Trade closed: stop reached

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