GBPUSD short (price action trading)

Short

British Pound / U.S. Dollar (OANDA:GBPUSD)

Updated

OANDA:GBPUSD British Pound / U.S. Dollar

Trend Analysis price action trading

trendanalysis price action trading

snapshot

-Large bearish candlestick broke the support level.
-Support turn resistance @1.27216
-Major trend: Bearish
-mini retracement @ 1.26808
- Stop loss above support turn resistance
- Take profit at next history price level

Comment:

Price is currently consolidating @ ~1.27216

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