ForecastCity
Short

💡Don't miss the great sell opportunity in GBPUSD

FX:GBPUSD   British Pound / U.S. Dollar
Trading suggestion:
". There is still a possibility of temporary retracement to suggested resistance line (1.3003).
if so, traders can set orders based on Price Action and expect to reach short-term targets."

Technical analysis:
. GBPUSD is in a range bound and the beginning of downtrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 41.

Take Profits:
TP1= @ 1.2911
TP2= @ 1.2800
TP3= @ 1.2680
TP4= @ 1.2595
TP5= @ 1.2481

SL: Break Above R2

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ForecastCity English Support Team ❤️
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Comments

Great work. I agree with your idea.
+3 Reply
ForecastCity Mesutkashmar
@Mesutkashmar, Thank you
+1 Reply
Very similar also. Tougher Lockdowns will be forced to be announced and brexit deals losing hope.
+2 Reply
@nagzw76, Thank you for sharing your feedback.
+1 Reply
Very accurate. Thanks a lot
+2 Reply
@Sir_Ray, You're very welcome!
+1 Reply
We have similar vision here! Upvoted!
+2 Reply
@Kamryn, Thanks for your feedback
+1 Reply
I agree with your idea. It's a unique forecast.
+1 Reply
ForecastCity Pro_Trader_007
@Pro_Trader_007, Thanks for your kind comment. 💎🙏💎
+1 Reply
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