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FX.co ★ GBP/USD right below resistance, huge downside potential!

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Forex Analysis

2019-12-12T03:01:32
iconLong-term review

GBP/USD right below resistance, huge downside potential!

GBP/USD right below resistance, huge downside potential!

Trading Recommendation

Entry: 1.321

Reason for Entry: Graphical swing high

Take Profit : 1.3064

Reason for Take Profit: 38.2% Fibonacci retracement

Stop Loss: 1.33340

Reason for Stop loss:

horizontal swing high resistance

*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade
Analytical expert
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