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In H1 chart GBPUSD price follow uptrend Elliott wave flag pattern and now the current price is near the third top resistance area. According to price action, its high probability GBPUSD will reverse from level 1.24583
So if you want to trade, please follow signal:
GBPUSD SELL LIMIT ORDER
PRICE:1.24583
STOPLOSS:1.24937(35PIPS)
TAKE PROFIT:1.23879(70PIPS)
Thank you for reading this idea! I hope it's been useful to you and some of us will turn it into profitable!
Remember this analysis is not 100% accurate. No single analysis is. To make a decision follow your own thoughts.
The information given is not a Financial Advice.
In H1 chart GBPUSD price follow uptrend Elliott wave flag pattern and now the current price is near the third top resistance area. According to price action, its high probability GBPUSD will reverse from level 1.24583
So if you want to trade, please follow signal:
GBPUSD SELL LIMIT ORDER
PRICE:1.24583
STOPLOSS:1.24937(35PIPS)
TAKE PROFIT:1.23879(70PIPS)
Thank you for reading this idea! I hope it's been useful to you and some of us will turn it into profitable!
Remember this analysis is not 100% accurate. No single analysis is. To make a decision follow your own thoughts.
The information given is not a Financial Advice.