theforexportal
Short

GBPUSD Market SELL at 1.2768

FX:GBPUSD   British Pound / U.S. Dollar
59 views
3
59 0
Considerable headwinds are gathering for GBPUSD with 1.27 sitting right on the 200 day sma and double resistance at 1.2781 coming in the shape of recent highs and 23.6 Fibonacci.
These two targets look a long way away with overbought pressure building and we favour a move south from these levels before the BULLS can gather for another run higher.

Comment: SHORT from 1.2568 (sorry about the typo) - CLOSE at market 1.2491 for 75+
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing House Rules Moderators Website & Broker Solutions Widgets Charting Solutions Help Center Feature Request Blog & News FAQ Wiki Twitter
Profile Profile Settings Account and Billing TradingView Coins My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out