A little update for the pair GBPUSD, i'm still looking for a short position on this pair. I still believe that the price made a fake breakout and it will come back. So, the price didn't reject the resistance level at (1.30), but crossed it going up. The price is at the moment at (1.313), so i will wait for the next resistance zone to see how the price will react.
Possible entry for the next week :
Entry : 1.3200 SL: 1.32400 TP : 1.2600 R/R: 14
Let me know in the comments if you have any question, Have a nice weekend .
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.
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.