GBPUSD sell opportunity,4h chart
hello guys, new trade here, the idea is to short pound due to a series of fact: we're testing the 200 ma, and recently has been a clear resistance level, then CFTC COT is bearish on the pound with short sellers increasing their position for the 5th straight week, even the inverted hammer suggest reversal price action coming.
Note
I say only... CASH
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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.