GBPUSD Sell Setup

Updated
Details on chart.
Note
Was stopped out at 1.3075 but gbpusd is still a sell to me.. Big day tomorrow and there can be spikes..
Note
To keep bullish action.. gbpusd needs to close 4hr candle above 1.336 otherwise downside towards 1.31 again looming.
Note
gbpusd back below yesterday spike and clearing 1.322 again..

Now we have 2 double tops.. one at 1hr chart and other at 4hr chart.. and very strong resistance till 1.355.

Remain short as downside is still looming of 1.20
Note
For short term, if gbpusd remains below 1.332 then target is towards 1.30.
Note
Breakout... 1.305 gone!!!!!! Targets towards 1.20 now if 1.35 remsins
Note
Death Cross Formation in process on 4hr time frame..
Note
I am out at 1.304...

Gbpusd now preparing jump towards 1.315
Note
In order to play weakness of gbp.. i am shorting gbpaud from 1.75and i think it has more 700 pips to go from current prices 1.696.. for now as far as 1.7125 holds nearterm targetis 1.68 and 1.67
gbpusdshort

Related publications

Disclaimer