GBPUSD good position to SELL

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Recall that in my previous forecasts, we said that to begin with, the price will come to the resistance zone.

GBPUSD BREAKOUT and FALL in two stages

And then it will gain a foothold on it and begin to fall.

EURGBP will FALL in two stages


And so it happened. And right now it is clear that the price has left the resistance zone and is working out a small correction. However, I expect her to continue moving towards our goal. Namely: first, it will fall to the support line 1.325 and break it. And then it will come to the support line 1.307.

I am confident in this by the fact that last time in September, after touching the resistance zone 1.342, the price collapsed greatly.

لقطة

We have two options:
1. To open a sell deal from the current position of the price - SL, in this case, set in the area of ​​1.341 above the resistance zone.
2. For those who have doubts, I suggest waiting until the price breaks the nearest support line and fixes on it. And open a sell deal after that.

Traders, if you like this idea or have your own opinion about it, write in the comments. I will be glad👩‍💻

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