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Hello, Friends!

Previous week’s green candle means that for us the GBP/USD pair is in the uptrend. And the current movement leg was also up but the resistance line will be hit soon and upper BB band proximity will signal an overbought condition so we will go for a counter-trend short trade with the target being at 1.307.

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Catatan
TP in sight so we are being patient!
Bearish PatternsChart PatternsforecastForexGBPUSDSELLshorttecnhicalanalysistradingTrend AnalysisWave Analysis

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