Fundamentals:- After a stronger than expected Non Farm Pay role from the USA and pressures on the GBP from Brexit and average data of late we are expecting the USD to strengthen against the GBP for while longer.
Technicals;- Looking for a pull back on the recent lows to 14000 where there is an area of support and resistance which should act as resistance and bring more sellers into the market .
Entry sell 14000 stop loss 14250
take profit 13550
Technicals;- Looking for a pull back on the recent lows to 14000 where there is an area of support and resistance which should act as resistance and bring more sellers into the market .
Entry sell 14000 stop loss 14250
take profit 13550
Trade active:
trade entered at 14000 stop loss moved to break even