gbpusd h2 range trading short from overhead resistance

🔸Hello traders, let's review the 2hour chart for GBPUSD today. Recently price was locked
inside accumulation/distribution trading range since December 2023.

🔸Trading range is defined by range highs at 2750 and range lows at 2640, premium
prices overhead at 2775/2795 and below at 2625/2605.

🔸Recommended strategy for GBPUSD bears: short sell rips/rallies near premium prices
towards overhead resistance stop loss fixed 40 pips TP1 + 75 pips TP2 +150 pips final TP exit at 2605.
swing trade setup, patience required. good luck traders!

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Trading Futures , Forex, CFDs and Stocks involves a risk of loss.
Please consider carefully if such trading is appropriate for you.
Past performance is not indicative of future results.
Always limit your leverage and use tight stop loss.

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Đóng lệnh: đạt mục tiêu:

TP1 hit + 75 pips TP2 hit +150 pips

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