UPDATE - potential bearish setup for GBP/USD
Overview:
We are seeing a potential bearish setup for GBP/USD . The pair has hit a significant resistance level and shows signs of a possible reversal.
Entry Point:
Consider entering a short position near the current price level as the pair tests the resistance zone.
Target:
The Take Profit (TP) level is marked by the green line.
Disclaimer:
This is not financial advice. Always do your own research and consult with a financial advisor before making trading decisions.
We are seeing a potential bearish setup for GBP/USD . The pair has hit a significant resistance level and shows signs of a possible reversal.
Entry Point:
Consider entering a short position near the current price level as the pair tests the resistance zone.
Target:
The Take Profit (TP) level is marked by the green line.
Disclaimer:
This is not financial advice. Always do your own research and consult with a financial advisor before making trading decisions.
Trade closed: target reached
1TPTrade closed: target reached
2TP
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.
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.