Home » Forex Trades » Sell GBPUSD @1.6470

Sell GBP/USD below 1.6450 with targets @ 1.6300 & 1.6250 in extension. Stop Loss: A 4 hours close above 1.6500.



Stop Loss: A 4 hours close above 1.6500.


Conviction: The GBP is approaching the resistance level and remains below 1.6500. Fundamental news.

Sell GBPUSD @1.6470

Pivot: 1.6445

Sell GBPUSD below 1.6450 with targets @ 1.6300 & 1.6250 in extension.

Stop Loss: A 4 hours close above 1.6500

Conviction: The GBPUSD is approaching the resistance level and remains below 1.6500. Fundamental news are going to play a big role in the next 2 days and towards the end of the year. CCI is in the overbought zone on the 1 hour and the 4 hours charts

Support 1 Support 2 Support 3 Resistance 1 Resistance 2 Resistance 3
1.6190 1.6250 1.6300 1.6500 1.6550 1.6600

 

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