Selling the rallies in GBP/USD as long as the resistance holds

9 Kas 2023

Hello traders, as per my previous trading plan on GBPUSD, our
sell entry at the 1.2410 zone gave us over 170 pips profit as
GBP/USD fell to 1.2240 levels.

Currently, the price is not in an area where we can execute new
sells. So, my plan is to wait for a pullback and see if the price reaches
the resistance level near 1.24.

If the resistance zone holds, we can consider selling GBP/USD again
at 1.24 with 1.2200 as the target.

9 Kas 2023

Not

Price has dropped 40 pips since I posted