GBPUSD BEAIRSH SHORT-TERM

Short-term shorting opportunities for this.
The pair is reacting from a weekly premium area and would want to see how 1.26698 level will behave with price.
in the moment, i shall be looking for shorting opportunities upto the 1.26698 area.

Trade Smart.

Comment:

All stops were cleared to get liquidity that would push the market further low. This means GU is much bearish that EU.

We are still long in this pair and looking to buy at discounted prices.

Trade closed: stop reached:

Stopped out during the news release of the pound gdp. But we are still bearish because price is headed towards a more deeper area of interest before further move up.

Observe the market for such opportunities.

Thank you and cheers