I usually dont trade the 2618 setup because the SL is too far for my trading style. But long term im still very bearish on this pair and more than that, i expect "negative" rate news for the GBP (no rate hike until nex year)
Technically we have a double top. Price is currently touching the neckline and i expect a rebound.
We have near the 0.61 fib retracement also.
Best regards.
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first target hit, you can close all positions or leave one opened, sl to be
Comments
ccake28
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@fulltime Trader: any further update on this pair?
FullTimeTrader
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Hello, im closing all positions since this week i expect a rally for all GBP pairs.
Hiisham
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hey
thank you
Done !
FullTimeTrader
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Thanks, its a good idea to take some profits now before the weekend, seems this trade will last long. Regards.
Hiisham
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Yes Hope that,but sadly i lost a lot of money all this weeks ago;still beginner,I follow the Analyse here :)