GBPUSD Short
GBPUSDLooks overbought and taking a short trade...
- The
GBPUSD pair sthe pair rebounded from a short-term ascending trend-line support near 1.2400 handle and rose to 1.2480 regon- Despite of yesterday's recovery bounce,
GBPUSD remained within a short-term symmetrical triangular formation and hence, a subsequent retracement could get extended towards the lower ascending trend-line support near 1.2400 handle As usual 20-25 pips profit target. Ride with me!
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Related publications
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.