Possible GBPUSD Short Opportunity
GBPUSD has formed a rising wedge pattern, which is a bearish chart pattern, so we'll be looking for short opportunities. Price is currently sitting at a support area (both rising wedge support line and horizontal support line). A break below the aforementioned support area and a close below such an area could be confirmation.
Entry 1.36000, SL 1.37000, Targets 1.35250 1.34450 & 1.33450.
N.B Ideas are subjective, further individual analysis adviced.
Entry 1.36000, SL 1.37000, Targets 1.35250 1.34450 & 1.33450.
N.B Ideas are subjective, further individual analysis adviced.
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