FX:GBPUSD British Pound/U.S. Dollar
The GBPUSD has been making lower highs and lower lows. It broke the support around 1.2180 and it should act as resistance now. Moreover, we have at that level. I will be looking the price the retrace further around 1.2180 to short it with a stop above the previous high and target down at the structure lows.
Trade active: Limit order filled.
Trade closed: stop reached: Stopped out on this trade. Looking for other opportunities.