Sell Gbp now | 30 July 2018

30 July 2018, GBP/USD

Sell Gbp now

Technical Observation:

GBP is currently trading with an increasing bearish bias Momentum. Currently the price is rallying within a bearish expanding wedge formation, while the price is still within this shape formation, I expect a surge to the lower side with my ideal take profit being 1.29285. Conservative traders should watch for possible bullish retracements towards 1.31785 to pick a short position. As it is on the 4 hour chart, only sell positions looks more ideal, but in case the price breaks above the upper trend line, then I'll look for long positions.

Trade Signal.

Sell Gbp now

Do you know against which currencies GBP is the most profitable?

Sell Gbp now

More trading assets here...

Imelda Maseno
Analyst of «FreshForex» company
Agree with the review?
Traders' opinion:
Close
Log in
Your browser does not support cookie. If cookie is disabled in your Internet browser, you may have problems with accessing Client Area. How to enable cookie .
manager photo manager photo
Online-support
We will be pleased to answer any questions you may have

Write

Get bonus