GBP/USD Potential Downward Movement
💡 Trade Idea
📉 Sell Stop GBP/USD @ 1.3305
🎯 Target Profit 1.3148
🛑 Stop Loss 1.3383
❌ Do not risk more than 1% of your account on each trade
🙂 Good Luck!
The price failed to break and close above the 1.3398 level. Our expectation is a potential reversal by breaking the blue trendline and then higher correction towards the highlighted white zone, and from this level a move to the 1.3148 mark.
📉 Sell Stop GBP/USD @ 1.3305
🎯 Target Profit 1.3148
🛑 Stop Loss 1.3383
❌ Do not risk more than 1% of your account on each trade
🙂 Good Luck!
The price failed to break and close above the 1.3398 level. Our expectation is a potential reversal by breaking the blue trendline and then higher correction towards the highlighted white zone, and from this level a move to the 1.3148 mark.
Related publications
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.