Short-selling strategy for GBPUSD

92
The one - hour chart of GBPUSD indicates that the current price is 1.29750, with the market showing potential bearish sentiment. The 1.30000 level acts as a key resistance zone, with multiple support levels below. If the price fails to break through this resistance, a decline is likely.

GBPUSD
sell@1.29600-1.30000
tp:1.28500

Traders, if this concept fits your style or you have insights, comment! I'm keen to hear.
For those who are seeking professional guidance in trading trend analysis, strategy formulation, and risk management, please click below to get the daily strategy updates.


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.