GBP/USD: short position in the key resistance zone
As I analyzed in my recent analysis in GBP/USD. The trend still bearish and GBP touch the point that we're in the supply zone to sell!!!
At the moment, I put my sell order at the market price $1.2148 USD. Stop Loss to $1.2233 USD (90 pips) and target to $1.1931 USD (215 pips)
So, this trade it's look with awesome opportunity. Also for tomorrow, we have the U.K. interest rates too to watch because I believe that I don't convinced how the Bank of England will support the economy into recession and fears of trade war in the global currencies.
For that, I'm short GBP.
Good luck!!!
At the moment, I put my sell order at the market price $1.2148 USD. Stop Loss to $1.2233 USD (90 pips) and target to $1.1931 USD (215 pips)
So, this trade it's look with awesome opportunity. Also for tomorrow, we have the U.K. interest rates too to watch because I believe that I don't convinced how the Bank of England will support the economy into recession and fears of trade war in the global currencies.
For that, I'm short GBP.
Good luck!!!
