Trading Signal - 10 / 08 / 2022 - 16:00 (GMT +3)


Instrument: GBPUSD

Previous Close 1.2076

Change -0.02 %

Current 1.2099


Support & Resistances

1.2060 1.2136

1.2020 1.2179

1.1963 1.2250


Trend & Condition

Downwards Weak


Comments

The market is in a downtrend and we are waiting for an entry signal to go SHORT below the 1.2060 support level. Only the upward break of 1.2136 would cancel the bearish scenario and take us LONG.

Position & Trade Probability

Position : SELL      
Entry :  1.2060
SL :  1.2136

Trade P. :  Medium  
TP1 : 1.2020
TP2 : 1.1963

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