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Gelium

GBP: Consolidation in consolidation - sell setup.

Short
British Pound / U.S. Dollar (FX_IDC:GBPUSD)  
Gelium Updated   
FX_IDC:GBPUSD   British Pound / U.S. Dollar
GBP GBPUSD gbpshort gbpusdshort
6
0
gbp gbpusd gbpshort gbpusdshort
Possible rollback up on the news with further breakdown of a small consolidation down.
Trade closed: stop reached
Comment:
Continuation:
GBP - long-term consolidation
Trade closed: stop reached:
Result: stop loss 144 pips + commissions, initial profit factor (profit / loss) = 1.78 with the prospect of a larger target level with a profit factor of > 10 (breakdown down long-term consolidation, if lucky).

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