GBPUSD Short Idea based on Fundamentals
GBPUSD SHORT
Entry _ 1.2287 to 1.2337
SL - 1.2513
TP - 1.2061
Comparing the fundamental and economical data, the interst rates and infaltion alongwith GDP q/q, it is clear that GBP is becoming less demanded currency against the USD. With earlier ranges crossed and mometum shift in process , i believe that GBPUSD is heading for a clear short position from here on .
best of luck
Entry _ 1.2287 to 1.2337
SL - 1.2513
TP - 1.2061
Comparing the fundamental and economical data, the interst rates and infaltion alongwith GDP q/q, it is clear that GBP is becoming less demanded currency against the USD. With earlier ranges crossed and mometum shift in process , i believe that GBPUSD is heading for a clear short position from here on .
best of luck
Trade active:
GBP index is reaching it resistance and USd starting to rise .
trade is ative
trade is ative
Comment:
This is the formation of an ending structure
Comment:
still open.
we shall not move the SL and TP
we shall not move the SL and TP
it is going on