Don't miss the great sell opportunity in GBPUSD

10 ก.ย. 2020

Short-Term Forecast:

Trading suggestion:
". There is still a possibility of temporary retracement to suggested resistance line (1.3033).
if so, traders can set orders based on Price Action and expect to reach short-term targets."

Technical analysis:
. GBPUSD is in a downtrend and the continuation of downtrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 25.

Take Profits:
TP1= @ 1.2802
TP2= @ 1.2733
TP3= @ 1.2609
TP4= @ 1.2525
TP5= @ 1.2259

SL: Break Above R2

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