GBPUSD Short Trade Idea: Seizing the Opportunity Amidst Weakness and Fluctuating Conditions

[skrimon]

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GBPUSD SHORT Opportunity

Hello FX traders, here's a chance to Sell the GBPUSD pair.
Despite the BIG rise recently, the price behavior showed some weakness since the beginning of this year, as it started to show lower highs and lower lows.

What reinforces the expectations of the decline are the fluctuating conditions in the United Kingdom, which will be reflected sooner or later in the pound sterling price against the rest of the currencies.
In this analysis, I rely on the trend line drawn above the price, in addition to the price being the May 2022 peak (1.26500).

The opportunity will be active when the price hits 1.2650
TP1: 1.2470
TP2: 1.2280
SL: 1.2730
Goodluck.

 

[Tradingqueen]

View attachment 25205​

GBPUSD SHORT Opportunity

Hello FX traders, here's a chance to Sell the GBPUSD pair.
Despite the BIG rise recently, the price behavior showed some weakness since the beginning of this year, as it started to show lower highs and lower lows.

What reinforces the expectations of the decline are the fluctuating conditions in the United Kingdom, which will be reflected sooner or later in the pound sterling price against the rest of the currencies.
In this analysis, I rely on the trend line drawn above the price, in addition to the price being the May 2022 peak (1.26500).

The opportunity will be active when the price hits 1.2650
TP1: 1.2470
TP2: 1.2280
SL: 1.2730
Goodluck.

Wow, awesome! Thanks for sharing! Keep up the great work!

 

[constant]

View attachment 25205​

Opportunité GBPUSD SHORT

Bonjour les traders FX, voici une chance de vendre la paire GBPUSD.
Malgré la forte hausse récente, le comportement des prix a montré une certaine faiblesse depuis le début de cette année, car il a commencé à montrer des hauts et des bas plus bas.

Ce qui renforce les attentes de baisse, ce sont les conditions fluctuantes au Royaume-Uni, qui se répercuteront tôt ou tard sur le prix de la livre sterling par rapport au reste des devises.
Dans cette analyse, je m'appuie sur la ligne de tendance tracée au-dessus du prix, en plus du prix étant le pic de mai 2022 (1,26500).

L'opportunité sera active lorsque le prix atteindra 1,2650
TP1 : 1,2470
TP2 : 1,2280
SL : 1,2730
Bonne chance.

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