GBPUSD hitting resistance area above 1.58
Hi scalpers!
We are starting building our short positions on GBPUSD, as this pair came towards stronger daily resistance area 1.58 - 1.58200. To convince us about next UP movement the price needs to close on daily candle above this area and cross above the pivot diagonal trendline. However from risk/reward perspective, it's great shorting opportunity, as the price could pullback to 1.54500 soon, where is stronger support.
Enjoy the power of scalping EA at: trendscalpingea.blogspot.com
We are starting building our short positions on GBPUSD, as this pair came towards stronger daily resistance area 1.58 - 1.58200. To convince us about next UP movement the price needs to close on daily candle above this area and cross above the pivot diagonal trendline. However from risk/reward perspective, it's great shorting opportunity, as the price could pullback to 1.54500 soon, where is stronger support.
Enjoy the power of scalping EA at: trendscalpingea.blogspot.com
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