GBP/USD Double top with daily rejection.
The pair has showed rejection at a daily resistance point from the high created in late January of 2018.
Daily chart has tried to break above and has failed, showing signs of a pending correction to the downside.
Showing 2 potential trade outcomes on where i look to take profit, if the idea follows trough to the downside.
Daily chart has tried to break above and has failed, showing signs of a pending correction to the downside.
Showing 2 potential trade outcomes on where i look to take profit, if the idea follows trough to the downside.
Trade active
Moving stoploss to breakeven.Trade closed: target reached
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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.