This pair get rejected from the supply zone with high bearish volume so we can expect the downside movement untill the mark line within next month. So trade according to the proper risk management and enjoy the profit.
As per HTF GU looks Little BIt Bearish till Daily Support area. So my target is at that support area.
Still strong USD waves stopping GBPUSD pair continues its uptrend, may at the end of the triangle pattern it completes..
1:98 RR TRADE 2300 PIP TP TRADE ALL THE WAY DOWN
AN IDEA BY NNA TRADING AND PORTFOLIO MANAGEMENT SCALP ON THE WAY DOWN 1836 PIP TP 1-11 RISK TO REWARD
Sell with SL of 1.36500 for target of 1.35000/1.34500
SELL GBPUSD for the target of 1.34500 & 1.3200 with SL of 1.37250
Pound against Dollar , is looking to touch the Support line which was a major Resistance line for long time at 1.30650 , price action suggest the down movement in this week, Only for Education purpose..
Price action movement suggest that Pound against Dollar may go short upto atleast till 1.32800 area, or further , inspite of long term bullish view, analysis given for only this week, only for education purpose...
analysis mentioned on the chart.