Because of the strong resistance @1.46653 and the chart seems like DOUBLE TOP. I would like have a strong short view on GBPUSD (you can also find a trend resistance in day chart)
I have two guesses on GBPUSD, which are shown in the picture.
If GBPUSD tests the 1.464 level again and cannot break out. I definitely will short it with a big short position. Maybe...
The up trend is broken.
It might have some support on 50 SMMA. But personally i think it 's going to reach to the level around 0.75852, as it's an important resistance level in the past.
Go sell AUDUSD when pull back @ around 0.77231 level
stop loss higher than 15 EMA @ around 0.77634 level
Take profit @ 0.75852
seems there's a strong resistance under 50 SMMA @ around 1.44 level
If it keeps under this level, i personally believe it would like go down to test support levels.
Thus, if it goes up to test this resistance again and cannot break up. I would like to have some short positions.
Entry level @ around 1.44145
Stop loss over 1.44542
TP1 @ around 1.43135
TP2 @ around 1.41329
