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GBP/USD Signal- 30 May 2022

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Signal Details
Entry Price: 
1.26394
Take Profit: 
1.24206
Stop Loss: 
1.26960
Direction: 
Sell
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GBP/USD is trading to the downside today prior to a inverse head and shoulder pattern on the hourly timeframe. Price has reached a resistance zone and will be looking to go down. We anticipate a bearish move down to level 1.24206

Submitted by John F. on Mon, 30 May 2022 14:53:57 GMT

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Disclaimer: The article is written for informative purposes only and it is not financial advice. The author does not have any position in the currency pairs mentioned, and no plans to initiate a position. He wrote the article himself and expressed his own opinions. Readers should not treat any opinion expressed by the author as a specific inducement to make a particular trade or follow a particular strategy, but only as an expression of his opinion. All risks and coasts associated with online trading are your responsibility.

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