Short
simple short setup
GBPUSD reached to previous key support level it's reasonable to think it will retrace a little bit. RSI on 1H, 2H are over sold, 4H is reach to the point but with 1D RSI still bearish.
Entry: 1.37447
SL: above 4H 50MA
TP: 0.5 fib of yesterday's gain.
GL
Entry: 1.37447
SL: above 4H 50MA
TP: 0.5 fib of yesterday's gain.
GL
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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.