GBPUSD retraced after the drop yesterday, if price continues to trade below 1.5043 which is my major resistance, then i will be looking to short GBPUSD down to 1.1226. then if this support breaks expect more downside.
though am looking forward for more retracement to 1.1380 - 1.1406 before dropping down.
though am looking forward for more retracement to 1.1380 - 1.1406 before dropping down.
Note
in profit +45pipsNote
+125 pips in profittake profit and allow the rest to run
close 80%
Note
+260pips profitDisclaimer
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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.