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GBPUSD Trading Signal - 12 / 08 / 2022 - 10:00 (GMT +3)


Instrument: GBPUSD

Previous Close 1.2199

Change -0.13 %

Current 1.2194


Support & Resistances

1.2180 1.2250

1.2130 1.2300

1.2060 1.8000


Trend & Condition

Upwards Weak


Comments

Waiting for the downward break of 1.2175 support level which will complete a bearish trend reversal pattern to go SHORT. Only the upward break of 1.2250 would cancel the bearish scenario.

Position & Trade Probability

Position : SELL            
Entry :  1.2175
SL :  1.2250

Trade P. :  Low  
TP1 : 1.2140
TP2 : 1.2075
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