Omlidakt
Long

GBPUSD Long after persistent downtrend.

FX:GBPUSD   Pound Sterling/U.S. Dollar
118 0 6
I've decided to cut my losses in the event of a bounce and took profit for my first trade of the day, looking to get back in long in 12-24 hours time.

I thought that if there was a likelyhood of a bounce then I'm better taking my profit.

If a bounce doesn't happen it simply will invalidate my thinking and I will re-evaluated.
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