GBPUSD Short Short

British Pound/U.S. DollarFXCM

Description

⋅ Apr 25, 2018 7:28 PM

Despite the bullish overall market sentiment, continue to sell GBPUSD based on weekly trend and daily price action, as well as from USD recovery from higher yields in 10yr US T-bonds. TP is set @1.375 and SL @1.40.

marketpulse.com/20180425/gbpusd-pound-under-pressure-as-us-bond-yields-rise/

Daily:

Weekly:

Confidence: B (must watch out this Friday though and better close position before the GDP news @8:30AM GMT)

⋅ May 7, 2018 10:48 AM