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British Pound / U.S. Dollar
Short

GBPUSD: YOUR TRADING PLAN FOR TODAY

By VasilyTrader
Updated
snapshot

hey guys,

if you still don't have an active position on gbpusd here is the perfect opportunity to catch a selling rally.

on 1H the pair has formed a head and shoulders formation and the last thing that we are looking for is the breakout of the neckline.

as soon as the 1H candle closes below the underlined support, I will sell the pair on a pullback with sell limit,
expecting a bearish continuation to 1.223 / 1.2165

stop will be 1.236

if the market goes above the head, setup will be invalid.
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Chart PatternsCurrenciesForexGBPUSDpoundsignalsignalserviceTechnical AnalysisTrend AnalysisDJ FXCM IndexWave Analysis
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