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Gbpusdsell

GBP/USD Short TradeHey Guys! The current GBP/USD Daily Bias is short. Or in other words, price is likely to reach 1.3049 before reaching 1.3298. So I'm currently waiting for a pullback so I can take a short entry. In this video I explain the reasoning behind this setup as well as the stop loss and target levels I will be using. Moreover, what I will be looking for in terms of confirmation of the legitimacy of this short setup. That's it! I'll keep you guys updated! Have a great day! Ken Disclaimer: This is not Personal Financial Advice.
Short
by TradingForexPriceAction
1
GBP/USD lilely to fall!Hey tradomaniacs, GBP/USD looks like it wants to fall after the previous fakemove above the key-resistance-zone in roder to grab liquidity. The fakeout is so far confirmed as the ex-resistance did not turn into a support-zone showing that retailers are probably getting fooled by sellers (those who buy the retracement of the breakout). The break below the trendline is also an indication for a fall, even tho we have to be carefully due to the recent fakes below it. Lets see what happens =)
Short
by Trading2ez
1
GBP/USD Weekly Short Strength ConfirmedHey Guys! The Gbpusd Weekly chart formed a Fake Double Top last year which reached its target height level last week. Indicating strong weekly short strength at least to a monthly upward trendline at 1.2247. Considering this is on the weekly chart, a set up like this is quite rare. So although I will be trading through biases long or short like usual, I much rather have short biases form so I can trade along with this weekly short momentum. Just a heads up guys! Have a great day! Ken Disclaimer: This is not Personal Financial Advice.
Short
by TradingForexPriceAction
1