GBPUSD is set to reverse!!!
Hi traders,
As you can see GBPUSD had enjoyed a decent rally over the last couple of days. The RSI is in the overbought territory on the 4h chart and the last 4h candle just created a perfect shooting star. All those signals a for a potential reversal. I will be looking to short from this position with a potential tp in the region of 1.31000 handle and manage from there on.
Good luck and trade safe!!
As you can see GBPUSD had enjoyed a decent rally over the last couple of days. The RSI is in the overbought territory on the 4h chart and the last 4h candle just created a perfect shooting star. All those signals a for a potential reversal. I will be looking to short from this position with a potential tp in the region of 1.31000 handle and manage from there on.
Good luck and trade safe!!
Note
Trade closed manually with 50 pips profit as seen another push up building.Trade fermée: cible de profit atteinte
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Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.