GBP/USD SELLERS WILL DOMINATE THE MARKET|SHORT

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Hello,Friends!

Previous week’s green candle means that for us the GBP/USD pair is in the uptrend. And the current movement leg was also up but the resistance line will be hit soon and upper BB band proximity will signal an overbought condition so we will go for a counter-trend short trade with the target being at 1.243.

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Great beginning for a trade, let’s hope it goes further!
Bearish PatternsChart PatternsforecastForexGBPUSDSELLshorttecnhicalanalysistradingTrend AnalysisWave Analysis

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