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British Pound / U.S. Dollar
Short

GBPUSD double top formation

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GBPUSD
GBPUSD is formed a double top formation which is clear sign of selling pressure among traders

*We can open short positions at current level which is 1.23450

*Potential take profit would be 1.22400 which is a 100 pips target

*Stop lose may placed above the 1.24010
forexorbit
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GBPUSDgbpusdanalysisgbpusdideagbpusdshortgbpusdtradeTrend Analysis

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GBPUSDgbpusdanalysisgbpusdideagbpusdshortgbpusdtradeTrend Analysis
forexorbit
Also on:

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.