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UGTraders
Jul 12, 2019 8:29 AM

GBPUSD -- What then? 12.July.2019 

British Pound/U.S. DollarFXCM

Description

GBPUSD tried to accumulated for higher prices, but the current momentum is not that good.

However, GBPUSD stands in front of good resistance, use very tight stop loss and we will keep an eye if there is a counter trade :)


Good luck,


To be updated...

Comment

I don't suggest with this trade since it's very high risky, but the momentum of GBP never suggests a bullish outlook now!

anyway, we will see if the market will respect the resistance or will penetrate it!

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