GBPUSD - we did see a strong push to the up side. On the 4H chart i can see a : strong resistance level , fibonacci retracement golden zone (0.5 - 0.618) , SMA crossover ( 21 - 50 ) and a strong support that becames a resistance level now. great break and retest strategy.
GBPUSD SELL
ENTRY PRICE: 1.26230
TAKE PROFIT : 1.25082 ( 114 PIPS PROFIT )
STOP LOSS : 1.26804 ( 57 PIPS LOSS )
GBPUSD SELL
ENTRY PRICE: 1.26230
TAKE PROFIT : 1.25082 ( 114 PIPS PROFIT )
STOP LOSS : 1.26804 ( 57 PIPS LOSS )
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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.