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darcsherry
May 2, 2022 11:36 AM

GBPUSD | New perspective Short

British Pound/U.S. DollarFXCM

Description

Considering the long-term bearish momentum on the GBPUSD and the supply zone identified around 1.259; I am of the opinion that we might be bearish in the meantime unless a break above the supply zone happens.

Risk Disclaimer:
Margin trading in the foreign exchange market (including commodity trading, CFDs, stocks etc.) has a high risk and is not suitable for all investors. The content of this speculation (including all data) is organized and published by me for the sole purpose of education and assistance in making independent investment decisions. All information herein is for your reference only and I take no responsibility.
You are hereby advised to carefully consider your investment experience, financial situation, investment objective, risk tolerance level, and consult your independent financial adviser as to the suitability of your situation prior to making any investment.
I do not guarantee its accuracy and is not liable for any loss or damage which may result directly or indirectly from such content or the receipt of any instruction or notification therewith.
Past performance is not necessarily indicative of future results.

Trade active

Trade active

Total of 92pips (3 positions) running in profit; we want to move stop to break even here

Trade active

Trade active

Total of 240pips (3 positions) running in profit; we want to lock in some profit at this point

Comments
initialjie
yes, sell now! waterfall coming
darcsherry
Total of 92pips (3 positions) running in profit at the moment; we want to move the stop to break even here
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