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ANGBlack
Feb 23, 2020 8:07 PM

GBPUSD SELL (LONG TERM) REVERSAL (2A)  Short

British Pound/U.S. DollarFXCM

Description

Selling GBPUSD pair based on the bigger picture. Looking at the structure, the market has given us the correction and looks like a nice break of that correction. The pair since December has given us a lot of lower highs and a nice downtrend to continue following. Depending on how the market reacts, we may get to see the price continue lower to fill the start of the correction back in September

Comment

I would like to trail the stop based on this price (1.30811) hope it can guide you guys through managing your trade

Trade active

Comment

Stop Loss Moved to Breakeven/1%
Comments
transparent-fx
my overall considerations on gbpusd are like this
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