GBP/USD Weekly overview
British pound (GBP/USD) broke down Upward Channel. Its a signal for the next price decreasing.
At this moment i see 2 scenarios:
1. Bearish scenario
I will open a short if the price will make a fake broke of key level 1.3100 and H1 close under it. potential profit will be 6 times bigger than a risk.
2. Bullish scenario.
Long I will open if currency rate break up 1.3100 H1 Close upper it. There i also will wait for fake broke. In that satiation I will have predictable risk 50 pips and goal 1.3300.
C.C.L. — Candle created level
C.A.P. — Candle Approved level
F.B. — Fake broke
P.S. Push like and send to your friend if you like it.
At this moment i see 2 scenarios:
1. Bearish scenario
I will open a short if the price will make a fake broke of key level 1.3100 and H1 close under it. potential profit will be 6 times bigger than a risk.
2. Bullish scenario.
Long I will open if currency rate break up 1.3100 H1 Close upper it. There i also will wait for fake broke. In that satiation I will have predictable risk 50 pips and goal 1.3300.
C.C.L. — Candle created level
C.A.P. — Candle Approved level
F.B. — Fake broke
P.S. Push like and send to your friend if you like it.
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