I am already long GBPUSD: Added more on Pullback Now!

Long

British Pound / U.S. Dollar (FX:GBPUSD)

Updated

FX:GBPUSD British Pound / U.S. Dollar

Please see my economic prediction for today!

Trade closed manually:

I reversed...retail sales will be crap. Dollar is bullish.

Comment:

I expect bearish news to come out for GBPUSD to shake or break this pattern in 5 or 6 hours when UK's retail sales comes out. If long.. move stop to break even now. If short, which I am now, , this could be a bumpy ride because we are on the bullish side of that trendline.

US data, I am mixed on my prediction for tomorrow and the following day; but the time span from London to the US session is enough time for GBP to do damage. Don't wait on the US session news if it the trade become unfavorable.

Comment:

Capturing the swings of the stock market & currency market. It's a dirty job and equity/currency traders must do it.

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