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GBP/USD - Day Trade View

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GBP/USD - Day Trade View

GBP/USD - Trading close to the resistance on hourly chart, based on the price action and chart patterns it is expected to go down.

My approach will be a sell from current price 1.30200 to 1.30600 ( sell on every rise till there )

Maintain stop loss around 1.30900

Potential downside target 1.29800 - 1.29200

Road map is drawn on the chart based on hourly candles.

Edited 15 Oct 2020, 14:39

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