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Yuriy_Bishko

GBP/USD Trading Plan

Short
British Pound / U.S. Dollar (FX:GBPUSD)  
Yuriy_Bishko Updated   
FX:GBPUSD   British Pound / U.S. Dollar
Trend Analysis Chart Patterns Wave Analysis GBPUSD gbpusdshort gbpusdsignal gbpusdidea gbpusdanalysis gbpusdtrade beyondtechnicalanalysis
5
4
trendanalysis chartpattern waveanalysis gbpusd gbpusdshort gbpusdsignal gbpusdidea gbpusdanalysis gbpusdtrade beyondtechnicalanalysis
The price has down trend. Most of the times it is continued. That's why I will look for short after pull back to 1.2770. Goal 1.2612.

Near key level 1.2589 we can look for long ONLY.
Comment:
The price bounced down from 1.2770 many times
It seems like big players want to move the price down to 1.2589

H4 Chart
snapshot
Trade active:
Open Short at 1.2760
S/L: 1.2821
T/P: 1.2612

snapshot
Trade closed: stop reached
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