GBPUSD Pullback Short

British Pound/U.S. DollarFXCM

Description

⋅ Dec 18, 2016 1:48 PM

Looks like a quick retracement action again.
we're looking for a pullback up to 1.26000 max follows by rejection immediately.

⋅ Dec 18, 2016 11:35 PM

It is possible to touch the entry area twice. First is the pullback and second for retest. You can get onboard on those moments

Comments

UnknownUnicorn261897

⋅ Dec 18, 2016 2:05 PM

We are watching a very similar setup:

H.Matin

⋅ Dec 18, 2016 2:11 PM

@Unique4xPro, Yah it is. Very much possible as it behaved previously

UnknownUnicorn261897

⋅ Dec 18, 2016 2:13 PM

@h.Matin, Good comparison. I would watch the 1.23 level though, very strong institutional support.