Hello Traders,
A little update for the pair GBPUSD, i'm still looking for a short position on this pair.
I still believe that the price made a fake breakout and it will come back.
So, the price didn't reject the resistance level at (1.30), but crossed it going up.
The price is at the moment at (1.313), so i will wait for the next resistance zone
to see how the price will react.
Possible entry for the next week :
Entry : 1.3200
SL: 1.32400
TP : 1.2600
R/R: 14
Let me know in the comments if you have any question,
Have a nice weekend .
A little update for the pair GBPUSD, i'm still looking for a short position on this pair.
I still believe that the price made a fake breakout and it will come back.
So, the price didn't reject the resistance level at (1.30), but crossed it going up.
The price is at the moment at (1.313), so i will wait for the next resistance zone
to see how the price will react.
Possible entry for the next week :
Entry : 1.3200
SL: 1.32400
TP : 1.2600
R/R: 14
Let me know in the comments if you have any question,
Have a nice weekend .