Short GBPUSD broke 1.3029 Short

British Pound/U.S. DollarFXCM

Description

⋅ Apr 18, 2019 7:49 AM

GBPUSD broke the key level 1.3029 and is currently entering a downtrend movement, using the Trend ribbon we were able to find the reverse point.
- SL placed over earlier resistance

Comment

⋅ Apr 18, 2019 6:16 PM

trade is near the target price, but at that price, I will close 70% of the trade. The GBPUSD broke a really important level at 1.3000 so I think it could continue the downtrend

Trade closed: target reached

⋅ Apr 23, 2019 7:27 AM

Closed with 48+ pips

Comments

FXCM

⋅ Apr 18, 2019 9:41 AM

Agree with your bearish view:

UnknownUnicorn1354503

⋅ Apr 18, 2019 11:13 AM

@FXCM-EDU, Yes exactly, now I'm seeing some resistance on the current support 1.3000