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GBP/USD BEST PLACE TO SELL FROM|SHORT

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Paun British / Dolar A.S. (FX:GBPUSD)  
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FX:GBPUSD   Paun British / Dolar A.S.
Trend Analysis Chart Patterns Wave Analysis GBPUSD short SELL trading Bearish Patterns Forex forecast tecnhicalanalysis Contains image
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Hello,Friends!

We are going short on the GBP/USD with the target of 1.247 level, because the pair is overbought and will soon hit the resistance line above. We deduced the overbought condition from the price being near to the upper BB band.However, we should use low risk here because the 1W TF is green and gives us a counter-signal.

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Komen:
I stand by my prediction and my idea is confirmed by the fact that the pair is moving towards the target!
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Penafian

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