GBPUSD > Price Got Rejected At200 MA,What Now?
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Analysis of #GBPUSD
The pound failed to close above its 200MA last week, also a 1.2700 number, which previously was able to stop prices from continuing upward movements, but this tie we have broken the previous two structures looking left a 1.2646.
Sure I will not enter long here, but if price provided a reversal pattern it would be interesting to get short this one
⚠ Please note the ideas is valid only if it happened as I said above
Thanks for taking the time to read my idea please do not forget to hit the like it's my only reward🙌
Check today analysis below
Stay safe everyone
_____________________________________________________________________________
Before trading our ideas make your own analysis.
_____________________________________________________________________________
Disclaimer: this information is not a recommendation to buy or sell. It is to be used for educational purposes only
Analysis of #GBPUSD
The pound failed to close above its 200MA last week, also a 1.2700 number, which previously was able to stop prices from continuing upward movements, but this tie we have broken the previous two structures looking left a 1.2646.
Sure I will not enter long here, but if price provided a reversal pattern it would be interesting to get short this one
⚠ Please note the ideas is valid only if it happened as I said above
Thanks for taking the time to read my idea please do not forget to hit the like it's my only reward🙌
Check today analysis below
Stay safe everyone
_____________________________________________________________________________
Before trading our ideas make your own analysis.
_____________________________________________________________________________
Disclaimer: this information is not a recommendation to buy or sell. It is to be used for educational purposes only
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