Source: (Finviz.com) GBP Relative 1 Week performance as of 06/13/2019 = -0.46%
COT Report Chicago Mercantile Exchange as of 06/13/2019 - (Non-Commercial) Long Positions 41.99 k - Short Positions - 89.76 k
DXY - Bullish Channel showing steady gains for USD --- 0.34% D1 as of 04:00 MT USA
US GOV 2 & 10 year Bonds rising
Overall sentiment towards GBP is weak. USD still remaining optimistic despite trade war tensions.
Sell Limit - 1.26810
TP - 1.25800
(SL Personal Discretion)
COT Report Chicago Mercantile Exchange as of 06/13/2019 - (Non-Commercial) Long Positions 41.99 k - Short Positions - 89.76 k
DXY - Bullish Channel showing steady gains for USD --- 0.34% D1 as of 04:00 MT USA
US GOV 2 & 10 year Bonds rising
Overall sentiment towards GBP is weak. USD still remaining optimistic despite trade war tensions.
Sell Limit - 1.26810
TP - 1.25800
(SL Personal Discretion)
Comment:
Recommend SL in profit, awaiting further bearish GU catalysts