Hi everyone:
GBPUSD has a potential sell setup forming. The Price Action is currently sitting at resistance of 1.2960 area. IF we can see the PA push down and break the bearish flag pattern, it would be a good R;R short position down to recent lows and 1.27000.
Be aware of the GBP election news event that may cause volatility in the market.
Thank you for your support and feedback.
GBPUSD has a potential sell setup forming. The Price Action is currently sitting at resistance of 1.2960 area. IF we can see the PA push down and break the bearish flag pattern, it would be a good R;R short position down to recent lows and 1.27000.
Be aware of the GBP election news event that may cause volatility in the market.
Thank you for your support and feedback.
Note
Remember, wait for confirmation before enter the sell.Note
Still no break out yet. Trade active
Trade closed: target reached
Trade closed: target reached
TP 2 hit for 4.22% profit. 
Related publications
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.
Related publications
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.