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GBP/USD short idea
British Pound / U.S. Dollar
Short
GBP/USD short idea
By marcomihaicondrache
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Updated
Dec 23, 2020
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Dec 23, 2020
Price seems making a rising wedge on 1H-30M timeframes.
That usually means continuation (downside in this case).
I placed a sell limit around 1.4100 to get a better entry but if it is not activated i will enter manually during the movement.
Let's see if price respects the trendline and creates a new lower high.
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Last GBP/USD idea:
Dec 23, 2020
Note
I think GU will do the move around 8-9 am CET (near the opening of london session)
Dec 23, 2020
Note
Sell limit triggered
Dec 23, 2020
Note
GU made the movement to the upside closed manually the trade
Fundamental Analysis
GBPUSD
gbpusdshort
Technical Indicators
short
Technical Analysis
Trend Analysis
marcomihaicondrache
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