British Pound / U.S. DollarUpdated GBP/USD may rise again to 1.24 zone, but I am not buying
Hello traders, in my previous GBP/USD analysis from last Monday, I mentioned
selling GBP/USD@1.2410. If you followed my idea, you have already
made over 220 pips profit. (previous idea attached below).
Currently, in the daily chart, we have a bullish doji candlestick on Friday.
So, there could be another rise in GBP/USD. However, I am not buying.
In fact, my plan is to sell the rallies again if GBP/USD reaches the 1.24
resistance zone.
selling GBP/USD@1.2410. If you followed my idea, you have already
made over 220 pips profit. (previous idea attached below).
Currently, in the daily chart, we have a bullish doji candlestick on Friday.
So, there could be another rise in GBP/USD. However, I am not buying.
In fact, my plan is to sell the rallies again if GBP/USD reaches the 1.24
resistance zone.
Note
Once again we have a low volume day, no use trading todayNote
Price is up 60 pips since I posted. So, going as expected
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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.
Related publications
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.