motleifaul
Short

Expect another hit

FX:GBPUSD   British Pound / U.S. Dollar
30 0 1
The price broke below the resistance that had established itself on 17th December already. This should result in further losses of the Pound.
Trade closed: stop reached: This was a loss.
I am taking the opportunity to close the deal with loss now that we reached the (almost) 50 % retracement of the upmove. Thus I could minimize the loss at least.
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