Lets talking about GBPUSD sell signal.
I have 3 charts with GBP, GBPUSD, GBPJPY, EURGBP. From these charts i came up with a conclusion, GBP is weak. But not all the pairs give me a signal to open a position. Only GBPUSD produce a good sell signal.
The pairs rejected psicology level ( support level ).
The price located and close below the 200 MA, 50 MA, and 20 MA.
Where is the support?
It located at the top of word " support"
See the last candle, it broke the support.
I will set take profit 1.4600 at next support level.
Enjoy your trade!
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