GBP/USD pulled back over the last few days
but it was unable to break the crucial 1.30 level.
Multiple rejections at the 1.30 level indicates that
bulls are getting weak and bears may take over
very soon.
Selling between 1.2970-1.30 with SL above the resistance
and initial TP at 1.28 looks like a good plan.
but it was unable to break the crucial 1.30 level.
Multiple rejections at the 1.30 level indicates that
bulls are getting weak and bears may take over
very soon.
Selling between 1.2970-1.30 with SL above the resistance
and initial TP at 1.28 looks like a good plan.
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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.
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.