Cable Short

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Holding GBPUSD short. Strong bearish momentum since early March with a nice retracement into the 'golden pocket' area after testing the 50% fib yesterday.
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Still active on this however currenty running in negative.

The USD Existing Home Sales (MoM) (FEB) has had a impact on price due to a much higher (6.5%) outcome than the 0.9% forcast and the -2.0% previous figures - the figures came out at 14:00.

Keep your SL's tight especially as current uncertanty in the market, ensure corret money management at all times.
Đóng lệnh: dừng lỗ
Stopped out, 1% loss.
Bearish PatternscableChart PatternsdollarpoundretracementshortsterlingdollarTrend Analysis

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