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Trading Signal GBPUSD - 13 / 05 / 2022 - 10:00 (GMT +3)

Trading Instrument: GBPUSD

Previous Close 1.2196
Change -0.39 %
Current 1.2225

Trend & Condition

Downwards
Strong

Support & Resistances

1.2160 1.2250
1.2120 1.2310
1.2040 1.2400

Comments

The market is testing resistance at 1.2250. We are
waiting to see reversal signals in order to reinstate SHORT positions, or alternatively the downward break of the 1.2160 support level. Next important resistance the 1.2310 level.

Position Entry

Position / Entry / SL
SELL   / .............. /.............

Trade P./ TP1 - TP2
.............../ 1.2120 - 1.2040