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KaltoireCapital
Jun 30, 2020 5:30 AM

GBP/USD Downtrend continues as expected Short

British Pound/U.S. DollarFXCM

Description

Ever since the 1.25 support broke in GBPUSD it has been a good sell. In my prior GBP/USD ideas, I advocated selling GBPUSD on every pullback.

GBPUSD has also broken the 1.2330 level and price has settled firmly below it.
So, the best way to trade GBP/USD is to enter fresh sells on any pullback and target the 1.21 area as the final TP.

Comment


This could be a good sell entry here

Trade active

Sell executed at 1.2343
Comments
Heng121
Great job
KaltoireCapital
@Heng121, Thanks
SonTruong_fx
follow the trend and get the money :D
KaltoireCapital
@SonTruong_fx, Yes, I agree with you
FEA_
Running this trend down nicely
KaltoireCapital
@Roccotp, Very good job
ishacm
Nice
KaltoireCapital
@ishacm, Thank you
joaochpjr
I will ride this sell, amazing job!
KaltoireCapital
@joaochpjr, Awesome. The sellers have already bagged a lot of pips
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