ForexRobotNation.com – Best Forex Robot & Expert Advisor Reviews Forex Robot, Expert Advisor GBP/USD Long-Term Trend: Bearish
Key Resistance Levels: 1.32275, 1.32783, 1.33198
Key Support Levels: 1.31551, 1.31185, 1.30659
Daily Chart:
The price on the higher time frame has seen a reaction at a resistance level of 1.32275 and has started a bearish momentum. The pair has broken a support level which suggests further trend continuation.
GBP/USD Medium-Term Trend: Bearish
1-Hour Chart:
On the lower time frame, the pair is moving in the major trend’s direction. It faced resistance at a key level of 1.32275 and reversed the direction. As of now the pair has broken and retested a trendline before continuing the momentum.
Signal Idea:
Sell Limit Order @ 1.31978
TP @ 1.31585
Stop Loss @ 1.32370
Trade Safely 🙂
