Instrument: GBPUSD
Previous Close 1.2048
Change -0.36 %
Current 1.2055
52 Week High 1.3869
52 Week Low 1.1863
30 Days ATR 0.0129
40 Weeks ATR 0.0160
Support & Resistances
1.1970 1.2143
1.1925 1.2190
1.1850 1.2275
Trend & Condition
Downwards
Strong
Comments
A Medium probability, entry signal to go SHORT
was given at 1.2076 after the market found
resistance at 1.2143. Only the upward break of
1.2143 would cancel the bearish scenario and
take us LONG.
Position & Trade Probability
Position : SHORT
Entry : 1.2076
SL : 1.2143
Trade P. : Medium
TP1 : 1.1925
TP2 : 1.1790
Legal Disclaimer: All trading signals provided are general recommendations. They have not been prepared in accordance with the requirements designed to promote the independence of investment research.
Tags
signal forex