GBPUSD broke major trendline in daily chart the market pull back to test broken trendline and rejected it the market retraced back to 1.3030 level for the next week it is highly expected that GBP USD will continue the down trend towards the next major support level at 1.2785
Thus,
Sell GBPUSD @ 1.3030 Take profit @ 1.2785 Take profit 2 @ 1.2489
The running period of this trade will vary from 14 to 18 working days.
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.
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.