Description
⋅ GBPUSD Sell to 1.2940 min (support) along with Trend. MAs have not crossed, still bearish.
Support Confluence with fibs
Anticipating a move up with DXY or more bad news for the Pound
Trader sentiment = buy Contrarian confirm
We shall see.
Non-aggressive movers will wait for confirmation of a close below support (blue) line or entry with confluent MoMo.
Comment
⋅ safe entry would be a close (not below blue line) but a close below 0.23% fib.
Trade active
⋅ 06AUG2017 2121
GBPUSD Sell 1.30513
target: 1.30/1.2980 or more
Trade closed manually
⋅ close 1.3051 04:59 07AUG dxy reversing