GBPUSD - After our breather, comes the next dive.

FX:GBPUSD   British Pound / U.S. Dollar
We have hit a historically strong and stubborn support & resistance zone, a psychological round number 1.2400, a 0.618 fibonacci retracement of X-A, and our momentum has been weakening - and even broke to the downside.

Now its time to jump on the bear train again! Or at least I am.

Targets are marked on the cart, with a potential zone which we may very likely hit within the next 30 days.

Entered: 1.2392

Elevator, bring us down please.
Trade closed: stop reached: Broken to the upside, we may see a bullish upside of 1.2550 and possibly 1.2700


Looks good. Thanks for sharing
Very nice, what re-trace should I look for?
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter
Profile Profile Settings Account and Billing Referred friends Coins My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out