Mutondi

GBPUSD Retracement to 1.31 looking likely

Long
Mutondi Updated   
FX:GBPUSD   British Pound / U.S. Dollar
Hello Friends.

Just thought I would share a short term position I am trading for the time being, I am holding a small buy until 1.31 with a small stop loss below my entry area.

My overall bias for GBPUSD remains like the pictures I shared 2 months ago but I take short term positions like this whenever they present themselves.

I will post an idea of how we can sell it if price can make it to 1.31.

Remember risk management if you choose to join me.

Good Luck
Comment:
Stopped at -50pips. Ill look at price action to determine whether I should re-enter
Comment:
Buy GBPUSD at 1.31

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