GBPUSD : Nice short opportunity in making
Updated
GBPUSD is currently trading inside a bull flag formed on daily time frame, and the price is facing resistance at top of the bull flag channel.
MACD is currently bearish and giving bearish continuation indication.
As long price trades inside the bull flag, it can break out but before that, I think GBPUSD can test bull flag support.
So here is the short call:
Entries: 1.2910-1.2940
Exit: 1.285-1.288
STOP: 1.2970
MACD is currently bearish and giving bearish continuation indication.
As long price trades inside the bull flag, it can break out but before that, I think GBPUSD can test bull flag support.
So here is the short call:
Entries: 1.2910-1.2940
Exit: 1.285-1.288
STOP: 1.2970
Trade closed: target reached
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