Dear traders, in my previous two GBP/USD ideas I recommended selling in the 1.2650 level.
As you can see, price has fallen more than 200 pips since then. In the daily chart, we have a clear
resistance zone marked with multiple bearish candlestick patterns. So, it is likely that GBP/USD
will continue to drop.
However, I do not recommend selling at the current price as it will increase your risk. I always advice
selling at higher prices. So, if you missed out on selling at the 1.2670 resistance level, wait for a
pullback and then sell.
It would be wise to switch to the lower TF and wait for a pullback before selling again.
As you can see, price has fallen more than 200 pips since then. In the daily chart, we have a clear
resistance zone marked with multiple bearish candlestick patterns. So, it is likely that GBP/USD
will continue to drop.
However, I do not recommend selling at the current price as it will increase your risk. I always advice
selling at higher prices. So, if you missed out on selling at the 1.2670 resistance level, wait for a
pullback and then sell.
It would be wise to switch to the lower TF and wait for a pullback before selling again.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.