capitalpropertiesfx

GBPUSD ahead of the UK's quarterly GDP

FX:GBPUSD   British Pound/U.S. Dollar
160 4 2
I'm favoring the downside here and I'm looking to establish a short position after the GDP release. However, if the GDP comes extremely positive (which I doubt) then I may reconsider and scrap the idea.
Cable needs to break 1.5055 Daily Pivot to move down nice look.
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Indeed it could be the case. However, the current rally to the upside is also quite impressive.
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Very nice trad set up,
I agreed with you,
Sell # GBPUSD
My +80Pips Profit made form simple trade set up.
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Very often - simple things do the job very well!
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