SELL Currency Pair GBPUSD

Forex Pair GBPUSD

Time Frame : 30 Min Chart

Watch for SELL Entry at 1.3795

The GBPUSD held up okay under the USD pressure but we see that lower highs are holding and pressuring price down for a long squeeze lower. We expect to see some buy stop losses triggered below 1.3800 whole number so are happy to sell at 1.3795 and will hold the Stop Loss at 1.3870. If price trades higher from here to 1.3870 before triggering the entry, then we will cancel the alert and re-assess the action.

Currency Pair : GBPUSD

Current Price : 1.3818

Sell Entry : 1.3795

Stop Loss/Cancel Level : 1.3870

Status : On watch for Sell Entry Trigger at 1.3795