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GBPUSD Sell Setup

newbie2016の投稿

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Was stopped out at 1.3075 but gbpusd is still a sell to me.. Big day tomorrow and there can be spikes..

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To keep bullish action.. gbpusd needs to close 4hr candle above 1.336 otherwise downside towards 1.31 again looming.

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gbpusd back below yesterday spike and clearing 1.322 again..

Now we have 2 double tops.. one at 1hr chart and other at 4hr chart.. and very strong resistance till 1.355.

Remain short as downside is still looming of 1.20

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For short term, if gbpusd remains below 1.332 then target is towards 1.30.

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Breakout... 1.305 gone!!!!!! Targets towards 1.20 now if 1.35 remsins

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Death Cross Formation in process on 4hr time frame..

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I am out at 1.304...

Gbpusd now preparing jump towards 1.315

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In order to play weakness of gbp.. i am shorting gbpaud from 1.75and i think it has more 700 pips to go from current prices 1.696.. for now as far as 1.7125 holds nearterm targetis 1.68 and 1.67