GBPUSD good position to SELL

Recall that in my previous forecasts, we said that to begin with, the price will come to the resistance zone.

And then it will gain a foothold on it and begin to fall.


And so it happened. And right now it is clear that the price has left the resistance zone and is working out a small correction. However, I expect her to continue moving towards our goal. Namely: first, it will fall to the support line 1.325 and break it. And then it will come to the support line 1.307.

I am confident in this by the fact that last time in September, after touching the resistance zone 1.342, the price collapsed greatly.


We have two options:
1. To open a sell deal from the current position of the price - SL, in this case, set in the area of ​​1.341 above the resistance zone.
2. For those who have doubts, I suggest waiting until the price breaks the nearest support line and fixes on it. And open a sell deal after that.

Traders, if you like this idea or have your own opinion about it, write in the comments. I will be glad👩‍💻