GBP/USD Long-Term Trend: Bearish

Key Resistance Levels: 1.31153, 1.31895, 1.32512
Key Support Levels: 1.29652, 1.29120, 1.28680
Daily Chart:
The price on the higher time frame has been in a downtrend recently after it tested a major resistance level of 1.34230 and reversed the direction. The pair has continued to break a few support levels which suggests further trend continuation.
GBP/USD Medium-Term Trend: Bearish

Hourly Chart:
On the lower time frame, the pair is moving in the major trend’s direction. It recently broke a key area around 1.30605 and has sustained below that. As of now the pair might retest that area before continuing the momentum.
Signal Idea:
Sell Limit Order @ 1.30492
TP @ 1.29765
Stop Loss @ 1.31216
Trade Safely 🙂
Help
With what?
Hey pat,
I am one of your Vip forex member i have a doubt that:
Is it open postion over night means removing stop losss?
No, this is not a requirement.
Is this still valid to be taken Pat?
We cancelled it.
thanks!