SynergyTradingSetups

GBP/USD SHORT AT KEY RESISTANCE

Short
FX:GBPUSD   Livre sterling / Dollar américain
Trade to be taken at the break and confirmation of support. This could be the start of a med/long term dxy rally! I will explain my idea further in a second post later today.

GBP/USD is at a major resistance after failing to hold it as support. It is also looking to break down from this support

The DXY also looks to break above the horizontal support.

And potentially an inverse head and shoulders on the larger time frame

Euro also in a similar set up
Commentaire:
I've entered 20% of the position
Commentaire:
First TP hit on DXY target

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