GBPUSD pulls back from the previous high, correction likely.

In my previous #GBPUSD idea, I told you to buy at the 1.3030 level and target the 1.3150 level( idea link attached below). As you can see, price reached the 1.3150 level yesterday.

However, GBPUSD pulled back from that level possibly creating a Double top formation.

If #GBP/USD stays under the resistance level that I have marked in my chart, it is possible to see a deeper correction. So, watch out for bearish price action around the resistance level and you can probably sell GBPUSD for 100+ pips.

עסקה פעילה:

Sold at 1.3175