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GBP/USD SELL
British Pound / U.S. Dollar
Short
GBP/USD SELL
By FMTradingTeam
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Jul 1, 2020
2
Jul 1, 2020
4H bearish trendline starting from the 10th June 2020. 2 points of contact on trandline with rejections.
Rejection candle wick just touching the 618 fib.
Come to strong resistance line which we have seen the price fall below many times before back in May, April and October last year.
Brexit talks threatening the GBP. But with Covid-19 threatening Americas way of life a large SL could be the ideal.
Chart Patterns
Harmonic Patterns
Trend Analysis
FMTradingTeam
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