SamKent
Short

GBP/USD down channel trade update

FX:GBPUSD   British Pound / U.S. Dollar
39 0 0
We got mixed candlestick action on the top of the channel, with a strong bearish engulfing candle closing out the week as well as a stochastic crossback from overbought, We're in this trade, with an r&r of a little over 2 to 1, we're looking to trail stop all the way to entry by the time the pair hits the 1.595-1.6 area.
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