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tmp9st
May 16, 2016 10:59 AM

GBPUSD, Daily Short

British Pound/U.S. DollarFXCM

Description

R1: 1.4480
R2 (Major level): 1.46

S1: 1.4280 (20 pips below round number 1.4300)
S2: 1.4100
S3 (Major level): 1.37 -- A support level since 2000s

Current trade idea: Short @ 1.4350 // TP: 1.4280 (+70) // SL: 1.4420 (-70) //

On the count of Brexit, GBP will likely face high volatility until June 23 referendum.

Comment

Did entered short positions @ 1.46 and 1.457 respectively. And it's going well now

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