bruzzese1
Short

GBPUSD Short From Trendline Rejection

FX:GBPUSD   British Pound/U.S. Dollar
51 0 3
a year ago
Cable has broken to downside and retraced back up to the trendline based on dovish FED. It has been rejected though and so I am expecting another move down soon.

GBP rate decision is in a few hours though, so s/l is being kept tight just above the most recent swing high @ 1.43 area.

I entered in @ 1.4257 and am shooting for 1.414 (61.8 fib retracement). I may move limit downward if upcoming rate decision is unfavorable to GBP.

Thanks for looking, good luck!
a year ago
Comment: S/L triggered @1.4300. That was fun.
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