GBPUSD Short Position by FX Strada

FX:GBPUSD   British Pound/U.S. Dollar
Hi everyone! It has been a long time since this page updated. With this, I shall provide a signal on GBPUSD             , which has been on a long decline, but it went for a correction recently. I believe that the Cable will continue with its decline, and thus decided to continue to short this pair.

The Cable was closed for the week at 1.6070, very close to the psychological support level of 1.6000. Upon opening of the markets, I'd recommend a short with a 40-pip stop loss to prevent a premature closure of position. A take profit at 1.5901 would be the target for this trade.

For more free FX trading signals, LIKE me on facebook             at https://www.facebook.com/fxstradasignals.
Modest doubt is called the beacon of the wise.
HouTian Tan
Ideas Scripts Chart
United States
United Kingdom
Home Stock Screener Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Account and Billing Sign Out