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Sell GBPUSD below 1.6450

Forex Trades 243 Views

Pivot: 1.6445

Our preference: Sell GBPUSD below 1.6450 with targets @ 1.6300 & 1.6250 in extension.

Stop Loss: A 4 hours close above 1.6500

Comment: The GBP has broken below a rising trend line and remains under pressure. Fundamental news. RSI is in the Negative zone on the 1 hour chart and the CCI is over bought on the 4 hours chart.

Support 1 Support 2 Support 3 Resistance 1 Resistance 2 Resistance 3
1.6190 1.6250 1.6300 1.6450 1.6500 1.6530

gbpusdh1

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About Razi Hammouda

Razi’s professional experience was gained over the course of more than a decade working with leading Forex market makers in the Middle East, Asia and Europe where he learned about trading, financial instruments and global markets. Being exposed to the wide range of skills he acquired along the years, he continued to develop his trading strategies and further improving his track record in Forex trading. He used innovative business development strategies to find FXLORDS, helping it to rapidly become a major provider of education and trading tools to the successful trader. He is an enthusiastic individual, motivated by challenge and renowned for pushing the limits, always looking to gain some more experience and help as much as possible along the way.

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