GBP/USD resistance broken, buy at the retracement

Long

British Pound / U.S. Dollar (FX:GBPUSD)

Updated

FX:GBPUSD British Pound / U.S. Dollar

Previous resistance in the area around 1.33000 has been broken and the price is coming down to test it as a new support. This offers a good buy opportunity for us to regain our 15 pip loss with the previous sell setup. We are buying GBP/USD in the area 1.32950-1.33150 with the stop loss below previous short-term swing low at the 1.32800

Trade closed: stop reached:

Stop-loss of 15-20pips hit.

Comment:

Got blown out of the trade becouse of negative news for GBP as Boris Johnson quit the office. Brexit impact. Will keep you posted for our next entries

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