British Pound / U.S. Dollar

Short

Possible Big Drop for GBPUSD

Updated

Possible drop for GBPUSD. Price has remained heavily under the 200 and 50 EMA indicating a strong short bias. Price has recently broken a trend line and has then retested which indicates that it is going back n the direction that it has broken. Keep an eye our for Updates. Stop loss of around 100 pips and Take profit of around 320 pips.

Note

** 170 PIPS IN PROFIT **

Trade closed manually

** 200 PIPS **

Trade closed: target reached

Also on:

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.