Good Morning Traders. I hope everyone has had a great week so far.
These are my thoughts for GBP/USD.
After a strong push to the upside momentum is finally starting to exhaust. I expect price to correct before continuing on an uptrend.
Reasons for trade:
- Strong wick rejection on 1hr indicating sell pressure.
- Price over brought
Advice:
Trade one pair at a time. Its best to focus you attention on one thing at a time.
Peace Out
Forex Prodigy.
These are my thoughts for GBP/USD.
After a strong push to the upside momentum is finally starting to exhaust. I expect price to correct before continuing on an uptrend.
Reasons for trade:
- Strong wick rejection on 1hr indicating sell pressure.
- Price over brought
Advice:
Trade one pair at a time. Its best to focus you attention on one thing at a time.
Peace Out
Forex Prodigy.
Trade closed manually:
Fake out , still alot of bullish pressure , closed early
Comment:
Closed at 2%