Instrument: GBPUSD
Previous Close 1.2076
Change -0.02 %
Current 1.2099
Support & Resistances
1.2060 1.2136
1.2020 1.2179
1.1963 1.2250
Trend & Condition
Downwards Weak
Comments
The market is in a downtrend and we are waiting for an entry signal to go SHORT below the 1.2060 support level. Only the upward break of 1.2136 would cancel the bearish scenario and take us LONG.
Position & Trade Probability
Position : SELL
Entry : 1.2060
SL : 1.2136
Trade P. : Medium
TP1 : 1.2020
TP2 : 1.1963
Tags
signal forex