ghostdigg

Long GBP/USD

Long
ghostdigg Updated   
FX:GBPUSD   British Pound / U.S. Dollar
Just a long on the GBP/USD with targets back to the Daily Trend Line. SL set just below the newly formed double bottom.

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Comment:
Having watched the price action after the break of the trend line, seeing the rejection of the 130.00 area and a formation of a divergent top on the 1 HR (10,6,6) STOCH I got off this trade at 129.50 for a very small loss.

I will continue to monitor this pair for a break or bounce of the trend line just below these levels
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