GBPUSD created new downtrend for falling

12 Jan 2021

GBPUSD as its shown is in resistance area and would be good time to sell it here is entering and taking profit area for it

Enter zone for u trader=
1. 1.3550---1.3560 (that is 61.8 of Fibonacci retracement )
2. 1.3590---1.3600(if it touch red trendline would be nice)

TP=1.3405=Target (beacuse the green trendline and pressure of buy will start around that area )

we add some short now beacuse we are in first entering zone and we will charge more if it touch red trendline or 2 phase of enter

Traders, if you liked this idea or if you have your own opinion about it, write in the comments. that would be fine.🥰

12 Jan 2021

Nota

red trend line touch and we will add short here too.1.3590---13600