GBPUSD UPDATE - CATCH IT IF YOU CAN

Short

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

Updated

FX:GBPUSD British Pound / U.S. Dollar

GBPUSD DXY gbpusdshort GBP

gbpusd dxy gbpusdshort gbp

Looks like it is about to bounce off the .382 fib level which also happens to have been a significant reversal point for the last month. Looking to short this pair back towards last week's lows. Expecting a sharp move down.

SELL @ 1.27791
SL @ 1.28226
TP1 @ 1.27112
TP2 @ 1.26552

R/R 2.8

Comment:

snapshot

Comment:

snapshot

Trade almost active..

Trade active

Trade closed: target reached:

Skipped TP1, TP2 activated within 7 hours.

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