Livre sterling / Dollar américain
Short
Mis à jour

Sell GBP/USD Channel Breakout

The GBP/USD pair on the M30 timeframe presents a potential selling opportunity due to a recent downward breakout from a well-defined Channel pattern. This suggests a shift in momentum towards the downside in the coming Hours.

Key Points:


Sell Entry: Consider entering a short position around the current price of 1.2675, positioned close to the breakout level. This offers an entry point near the perceived shift in momentum.

Target Levels:
1st Support – 1.2635
2nd Support – 1.2610

Stop-Loss: To manage risk, place a stop-loss order above 1.2703. This helps limit potential losses if the price unexpectedly reverses and breaks back upwards.

Thank you.
Transaction en cours
Note
snapshot

In Good Profit
Note
snapshot

Our 1st Target reached
Transaction en cours
with Good Profit
Trade fermée: cible de profit atteinte

Clause de non-responsabilité