Roker1

GBPUSD at a decision point! Will it hold?

Short
FX:GBPUSD   British Pound / U.S. Dollar
Hey guys,
today i want to bring your attention to GBPUSD . As you can see, looking left, there are multiple structure level that acted as supports or resistances. This level also lines up with the 618 retracement and a psychological number. So i'm going to look for a double top or a simple candlestick formation right there.
I'll keep you updated.

If you want to share your standpoint, or ask questions, feel free to comment below.
Otherwise, see you in the next chart!
Comment: Entry:
Trade closed: stop reached
Se sei d'accordo, lascia un mi piace! Grazie
Canale Italiano: https://www.youtube.com/c/MisterForexIT
Ultimo video: https://youtu.be/0rIFF-j4kdM

If you agree, like this chart! Thanks
My last (english) videoanalysis here: https://youtu.be/RUySg8LW6Iw

Comments

Hi Roker

I agree with the setup, nice chart by the way. I have shorted again at 1.2414, as my analysis points to resistance at this level. I.m looking to get out around the 1.2300 level - Happy trading
+1 Reply
Roker1 SaeedRehman
@SaeedRehman, good to know! Good luck with your traing week! Let's see if i can join the short!
Reply
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