In H1 time frame found double top pattern in gbp/usd pair. If this pair break double top pattern neckline (yellow) than we think to take short trade of this pair or take short to retrace this level again.
This pair faced strong resistance in 1.50 level, that's why we also looking short trade from this level which 50 pips SL and 100 pips TP or more.
So, keep eyes on it. best of luck.
Trade Idea:
=============
Sell Limit: 1.4980
Stop Loss: 1.5030
Take Profit: 1.48.80
This pair faced strong resistance in 1.50 level, that's why we also looking short trade from this level which 50 pips SL and 100 pips TP or more.
So, keep eyes on it. best of luck.
Trade Idea:
=============
Sell Limit: 1.4980
Stop Loss: 1.5030
Take Profit: 1.48.80
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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.