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UmarAbdurRehman
Jun 18, 2018 3:54 PM

GBPUSD Buy setup Long

British Pound/U.S. DollarFXCM

Description

GBPUSD broke weekly 50 and still stalling below it. Momentum indicators are suggesting for the market to correct higher to at least test the prior highs on current chart. So watchout for a breakout for a buy setup.

Trade closed: stop reached

Comments
chaosbegone
unlucky ...it was a false breakout
UmarAbdurRehman
@chaosbegone, yes, losses are just cost of doing business. If your risk management is good, no need to be worried.
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