Hi guys, up trending support for the GBPUSD is gone. We should see lower prices over the next session. The USD is also consolidating to support this trade (see the linked post).
I am short @ 1.2666, stop and target are marked on the chart. I will 'not' hold this trade through the BOE release, but hopefully be out before then. With Brexit and the BOE, this trade has a little extra risk, but I still like the trade.
Trade safe and keep an eye on news!
I am short @ 1.2666, stop and target are marked on the chart. I will 'not' hold this trade through the BOE release, but hopefully be out before then. With Brexit and the BOE, this trade has a little extra risk, but I still like the trade.
Trade safe and keep an eye on news!