ForecastCity_ME

💡Don't miss the great sell opportunity in GBPUSD

Short
FX:GBPUSD   British Pound / U.S. Dollar


Trading suggestion:
". There is still a possibility of temporary retracement to the suggested resistance line (1.4205).
if so, traders can set orders based on Price Action and expect to reach short-term targets."

Technical analysis:
. GBPUSD is in a range bound, and the beginning of a downtrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 34

Take Profits:

Tp1= @1.41350
TP2= @1.40950
TP3= @1.40050

SL: Break Above R2

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ForecastCity English Support Team ❤️

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Comments

Great job!
+2 Reply
@Lizabet, You're very welcome! We hope you enjoy it.
Reply
Impressive setup
+1 Reply
ForecastCity_ME carefulOwl22772
@carefulOwl22772, Our pleasure!Thank you for your comment.
Reply
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