ahmedse
Short

Short term trade, short SL if doesn't work

FX:GBPUSD   British Pound / U.S. Dollar
Take opportunity as price is hitting strong trend lines ,
set SL tight above the trend lines or some previous support

TP1 1.293
TP2 1.283

assessed from fib. retracements

I have not examined fundamentals for this trade,
also another pair of interest can be gbpnok , as norwegian has some potential to turn high today
Apr 30
Comment: correction, some previous resistance (maybe around 1.306)
Apr 30
Trade closed manually: Exit at 30 pips loss
Daily price closed above the trendlines, therefore trade motive is not valid anymore.
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