Instrument: GBPUSD
Previous Close 1.1653
Change -0.44 %
Current 1.1629
Support & Resistances
1.1612 1.1700
1.1575 1.1743
1.1505 1.1823
Trend & Condition
Downwards
Strong
Comments
The market is in a downtrend and we are waiting for an entry signal to go SHORT below the 1.1612 support level. Only the upward break of 1.1700 would cancel the bearish scenario and take us LONG.
Position & Trade Probability
Position : SELL
Entry : 1.1612
SL : 1.1700
Trade P. : Medium
TP1 : 1.1575
TP2 : 1.1505
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Tags
signal forex