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Pin Bar on GBP/USD

Pin Bar on GBP/USD

At the moment, the bearish sentiment prevails on the GBP/USD currency pair. Near the key offer zone of 1.27600-1.28000, a classic pattern of the Price Action Pin Bar (H4 timeframe) was formed. It is necessary to pay attention to this situation. In the near future, sales may prevail. Confirmations and entry points to the market are better to look on smaller timeframes.

We advise you to consider selling GBP/USD if the price fixes below the local support of 1.27200. The immediate goal for profit taking is 1.26500.

by JustForex, 2017.06.14

Este artículo representa una opinión personal y no debe interpretarse como un consejo de inversión, y/u oferta, y/o una petición persistente para llevar a cabo transacciones financieras, y/o una garantía, y/o un pronóstico de eventos futuros.

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