We have been running a fresh long with GBPUSD after taking profit from yesterdays analysis this morning. Thought it would be worth publishing the analysis now that the market has had time to settle. I would say this trade is still available for an entry.
After posting this analysis, the candle closed and fundamentals caused the stop loss to strike. This being we have re entered at 200sma and fibonacci, with the same TP level in mind. The new SL for our entry is at 1.33026 safely below fibonacci.
Helena_FX
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@TelegramFX, That's what happens when using SL in the first place, especially a very tight SL.
JamesSpindler
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@Helena_FX, On entry two it went perfectly and the previous analysis also came through. All about tight stop losses, why over spend :p