GBPUSD | Will Face the Resistance Node

2020-01-21 17:11:07

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Initiate Short.

Entry - 1.30955
TP1 - 1.29680
TP2 - 1.29071
SL - 1.31248

Reason: The price will face strong resistance node - (Ichimoku Cloud and Resistance Zone). Though the price can pass this node, so you should intitiate position on rejection only.

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Remember this analysis is not 100% accurate. No single analysis is. To make a decision follow your own thoughts.

The information given is not a Financial Advise.