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GBPUSD 4hr SELL
British Pound / U.S. Dollar
Short
GBPUSD 4hr SELL
By LukeTimFX
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Updated
Jul 8, 2020
9
Jul 7, 2020
Price has reached key resistance level from late June highs.
I am expecting this to reject key level and sell off.
Entry; 1.25386
Stop Loss; 1.25531
Profit Target; 1.22656
Stop loss is potentially a bit tight so watch out for false breakout.
Jul 8, 2020
Note
Stop Loss set a bit too tight. Price now moving in expected direction and I believe will continue to sell off.
GBPUSD
Trend Analysis
LukeTimFX
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