TradeTheIndex

GBP/USD 123 Top still in place!

Short
OANDA:GBPUSD   British Pound / U.S. Dollar
Hey Traders so in the last lesson I had metioned that GBP/USD has formed a 123 top formation. Although the market has started to climb back up as you can see it has still not taken out the 2 point. That means as long as the US Dollar uptrend continues this trade should work out. I still believe that the British Pound is still a great short opportunity.

Trade Well,


Clifford


All opinions expressed are for educational purposes and this is not a recommendation to buy or sell).
(Always use risk management before entering any trade).
(Past performance is not guaranteed for future results.)

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.