GBPUSD has been on a downtrend channel since May, it has recent broke area 1.2100-1.1900 and dropped to 1.1400. We are expecting price to go back to area 1.2100-1.1900 as we have spotted a head and shoulders pattern to create a balance of structure. Let us get ready for the trade, yeah!?
NB|USE PROPER RISK MANAGEMENT
ENTRY PRICE:1.1520-1.1560
STOPLOSS:1.1400
TAKE PROFIT:1.1900
NB|USE PROPER RISK MANAGEMENT
ENTRY PRICE:1.1520-1.1560
STOPLOSS:1.1400
TAKE PROFIT:1.1900
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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.