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peterbokma

GBPUSD-SELL strategy

Short
British Pound / U.S. Dollar (FX:GBPUSD)  
peterbokma  
FX:GBPUSD   British Pound / U.S. Dollar
Trend Analysis gbpusdsell
8
2
trendanalysis gbpusdsell
The run up from the lows looks like at an end, and I feel that the way the stochastic RSI currently is, that we should see the pair move lower back towards 1.2437.

The strategy is SELL current @ 1.2640-1.2660 area and take profit initially @ 1.2487. If wished for place a stop-loss @ 1.2737.
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