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GBPUSD: Rejection From Down Trend line | April 17, 2017



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Gbpusd was jumped at the beginning of London session and then quickly rejected from the downward trend line. This pair is still on the trend line. If this pair stays below 1.2435 resistance level, then we can expect to sell on this pair. For sell, SL will be above the trend line. Target will be 30-100 pips. 1.2350 level can be the first target. On the other hand, any H4 candle closed above 1.2435, then we need to buy with targeting 1.2460, then 1.2500. Looking for Free Daily Forex Signals and trading idea? Visit now for New Free Signals Need Analysis All pairs chart analysis at a glance Profitable Forex Strategy Scalping, day trading, price action trading strategy



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