GBPUSD Live Trade Update

OANDA:GBPUSD   British Pound / U.S. Dollar

GBPUSD H4- Price is operating in an area that I call the Monthly Resistance Zone .

Reason For Entry-

Fundamentals- With the DXY Dollar Index braking a multi-year low and then rising, it looked like a good time to sell GBPUSD .

Double Top formed, overbought RSI (72. 40 ) followed by Engulfing Candle indication on potential new trend going down

SL- 76 PIPS🛑
TP- 76 PIPS✅
TP2- 152 PIPS✅


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