Trading Instrument: GBPUSD
Previous Close 1.2196
Change -0.39 %
Current 1.2225
Trend & Condition
Downwards
Strong
Support & Resistances
1.2160 1.2250
1.2120 1.2310
1.2040 1.2400
Comments
The market is testing resistance at 1.2250. We are
waiting to see reversal signals in order to reinstate SHORT positions, or alternatively the downward break of the 1.2160 support level. Next important resistance the 1.2310 level.
Position Entry
Position / Entry / SL
SELL / .............. /.............
Trade P./ TP1 - TP2
.............../ 1.2120 - 1.2040
Tags
signal forex