Sforex
Short

Some short term idea for GBPUSD

FX:GBPUSD   British Pound / U.S. Dollar
254 2 0
SELL force for GBPUSD             is still strong.

I can see 1.63 is a good stop for falling step of G/U because it coincides Kumo Cloud of Ichimoku pattern, EMA50, Bolliger band dev 2.618.

Price once broke the trend line I show on the chart, will continue fall down to test next level.

I have two orders on the table now:

- Order 1: Pending order : SELL at 1.6450 , Target 1.6317, Stop loss at 1.657
- Order 2: SELL at current price . target 1.6317, Stop loss at 1.65. 96 pips
Waiting take profit of order 2.
Reply
Take profit of order 1 : 114 pips
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