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WhosPipsAreTheseAnyway

Short GBPUSD

Short
British Pound / U.S. Dollar (FX:GBPUSD)  
WhosPipsAreTheseAnyway Updated   
FX:GBPUSD   British Pound / U.S. Dollar
Trend Analysis Chart Patterns Technical Indicators GBPUSD gbpusdshort gbpusdanalysis gbpusdsignal gbpusdtrade gbpusdidea gbpusd_forecast
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trendanalysis chartpattern indicator gbpusd gbpusdshort gbpusdanalysis gbpusdsignal gbpusdtrade gbpusdidea gbpusd_forecast
Short GBPUSD @ 1.25
TP @ 1.22
SL @ 1.26

Short while we are below the 1.25 Resistance level in GBPUSD. Risk has started to turn a bit and feels as if we could see NYC starting to fade these rallies.

This trade offers a 3:1 RR ratio.

Good luck
Comment:
GBPUSD dropped 50 pips off that 1.25 resistance lvl...
Comment:
Trade running at 60 pips profit, now at 1.2440 :)
Comment:
Trade running at +85 pips in profit... now @ 1.2415
Comment:
Closing half my position at 1.2415 as it got here very quickly, we could see a small retrace ... So just looking to bank some here and will leave the rest open, SL at BE for that last clip. :)
Comment:
I also sold GBPJPY at the same time as GBPUSD and Closed GBPJPY for +130 pips at 160.40
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