Basit-Abdul

GBPUSD - POSSIBLE SHORT FROM PYCHOLOGICAL LEVEL 1.3200

Short
Basit-Abdul Updated   
FX:GBPUSD   British Pound / U.S. Dollar
Previous month has illustrated a ranging market. Breakthrough has occurred in the recent days and is slowly approaching psychological level of 1.3200 in which a possible rejection could occur.

This particular zone has also been proven to be a strong resistance several times this year.

SELL LIMIT order placed at 1.3200.
Trade active:
SELL LIMIT EXECUTED AT 1.3200.

Rejection had occurred on the zone as predicted. Currently on 90+ Pip profit.
Trade closed: target reached
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.