GBP/USD SHORT?
For GBP/USD Currently the market does not have any clear trend but if we look at market structure it is making higher highs and higher lows. However we did find some resistance at my (grey zone) where price looks like it is going to retest. If that grey zone of resistance can hold than we have a chance if making a triple top which is a strong bearish pattern. My targets are going to be previous lows where price found support. Looking at a 85 pip TP 1 target and a 125 PIP TP 2 target (The candle stick is just for show)
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.