GBPUSD - SELL POSITION
Pair is considerably overbought on several timeframes.
Double top formation also occurred.
Market behaviour also shows signs of Bulls losing power
Double top formation also occurred.
Market behaviour also shows signs of Bulls losing power
Trade closed: target reached
Target reached at 1.38.
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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.