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jordany97
Feb 12, 2021 2:28 PM

Short 

British Pound/U.S. DollarFXCM

Description

Gbp Usd
Please don't take any of this as advice this is purely just opinion based on my own trading style.

A pair a trade a lot.
I have just closed a trade which was open from 1.3850 closed at 1.379.
However, I think the pair is going to continue short and feel it is currently overbought.
Pair is still testing the 1.38 region and I feel is ready to drop but as it is Friday it might be worth waiting until Monday morning.

Medium term target is 1.3650.
Long term target is 1.3575.

My stop loss is 1.3870
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