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richyworld
Feb 28, 2022 9:06 AM

GBPPUSD Short  Short

British Pound/U.S. DollarFXCM

Description

the reasons for this trade borthers on two main factor namely; fundamental event and technical break of structure...
in accordance to the fundamental base, the ongoing war between ukraine and russian has a bit weigh on eurozone currencies and a strong buying mood for the dollar [safe haven] given us a short term opportunity to go on short on this current pair.
for the technical point there's a break of support and already given us a retest for a possible downtrend to our tp or very close.
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