Get started
mightybullcapital

GBPUSD 19/09/2022

Short
British Pound / U.S. Dollar (FX_IDC:GBPUSD)  
mightybullcapital  
FX_IDC:GBPUSD   British Pound / U.S. Dollar
Trend Analysis GBPUSD gbpusdchart gbpusdsignal gbpusddaily gbpusdprediction gbpusdanalysis gu gbpusddailyanalysis gbpusdshort
0
2
trendanalysis gbpusd gbpusdchart gbpusdsignal gbpusddaily gbpusdprediction gbpusdanalysis gu gbpusddailyanalysis gbpusdshort
the price current moving facing support at 1.1352 & resistance at 1.1445 while moving in a downtrend channel. now if price respects the resistance & closes below the support, then price continue moving in respect to the downtredn channel creating new lower low.
And if price breaks out of the resistance then it could go for some retracements & possible short trades would be invalid.
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.