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Johnwick_forex
May 7, 2023 12:11 PM

GBPUSD trading setup for next weeks and months Short

British Pound/U.S. DollarFXCM

Description

GBPUSD is right now testing at weekly resistance and also been rising for last 6 weeks . It may seem for correction here at this moment with target at fib. retracement at 61.8 .
Stop loss just above the weekly resistance . You can trade accordingly with proper risk management . Also , this week we have BoE interest rate decision in view and also the GDP report on friday.
Be cautious on these days
Happy trading
Comments
bzyatri99166
it looks like a great risk reward setup
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