Sell From Top or break of trendline : Retracement Expected
Hello...
In GBPUSD we may see some retracement towards 1.3030 level in coming days as pair has broken multidays trendline support and may move up to re-test it.
Bias is Bearish and we suggest only selling this pair from Highs till channel is not breached.
You may also consider long scalping positions near minor ascending trendline towards channel top because till trendline is intact pair is in retracement.
Plss follow no-emotion-fx tradingview id for more ideas.
In GBPUSD we may see some retracement towards 1.3030 level in coming days as pair has broken multidays trendline support and may move up to re-test it.
Bias is Bearish and we suggest only selling this pair from Highs till channel is not breached.
You may also consider long scalping positions near minor ascending trendline towards channel top because till trendline is intact pair is in retracement.
Plss follow no-emotion-fx tradingview id for more ideas.