GBPUSD Short
This is what I see with GBPUSD.
Going to wait for a confirmation at around levels 1.268-1.27. for a short position.
If EMA65 and the support turned resistance can hold then we could see a big drop of around ~150+ pips.
Daily Chart shows strong support and resistance levels at 1.27 also
If we see a drop id say target should be at around 1.25 but could potentially drop our daily support of ~1.237.
Happy Trading
Going to wait for a confirmation at around levels 1.268-1.27. for a short position.
If EMA65 and the support turned resistance can hold then we could see a big drop of around ~150+ pips.
Daily Chart shows strong support and resistance levels at 1.27 also
If we see a drop id say target should be at around 1.25 but could potentially drop our daily support of ~1.237.
Happy Trading
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