GBPUSD: Sell at the 0.618RET and the Resistance Zone
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The market has breached the upward trendline, and also the starting point of last rise was broken out.
Now the price is pulling back, maybe a short-term top formed.
A good short place is at the 0.618RET which is also a srong resistance.
Meanwhile the Supple zone also works at the area.
So it is good to sell at 1.293-1.295 level when the price pulls the PRZ back again.
SL: above 1.300
TP1: 1.277
TP2: 1.267
TP3: 1.256 and further more
Now the price is pulling back, maybe a short-term top formed.
A good short place is at the 0.618RET which is also a srong resistance.
Meanwhile the Supple zone also works at the area.
So it is good to sell at 1.293-1.295 level when the price pulls the PRZ back again.
SL: above 1.300
TP1: 1.277
TP2: 1.267
TP3: 1.256 and further more
Transaction en cours
Note
Very nice, the UN election helps reach the TP1 and TP2.
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