danny394143

GBPUSD can't rise despite weaker dollar

Short
danny394143 Updated   
OANDA:GBPUSD   British Pound / U.S. Dollar
Sterling is not rising despite the weakness in dollar on the back of weaker jobs report. Technically, price is testing a uptrend line it broke. also .618 fib level of a recent bearish swing as well as horizontal structure where the bearish dump began. therefore a short trade seem like a high probability trade.

Dan
Trade closed: stop reached

Dan

PS: this is not a financial advice. simply blog of my ideas I would like a feedback from more experienced traders, and to see how I perform over time)
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