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UnknownUnicorn1354503
Mar 5, 2019 6:28 AM

Key points on GBPUSD while USD gets weaker Short

British Pound/U.S. DollarFXCM

Description

We saw the USD getting stronger the last week, but now that the trade war is not having any proceedings, the currency is feeling a strong decrease in value.
Lets wait to see how everything proceeds. Waiting for PMI of UK, currently as illustrated on the chart we have a pretty strong ADX with no reversal signals so we profit from the trade with a sell stop order

Comment

TP and SL placed at key fibo points using a 2.31RR ratio

Trade active

Operation opened correctly currently in profit zone waiting for further downtrend

Trade closed: target reached

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