Back in trendline range. Looking at this technically. Taking half position size on this trade. The pound has been hit with a miss on CPI at 2.4% vs and expected 2.6%. The BoE also has a slightly bearish fundamental outlook to it. With monetary policy being slightly bullish, Brexit risks + the recent miss on key data points has the pound as a bearish currency for me. This trade is pretty much running off of USD weakness more than anything else. But the second the USD starts to show some strength this is the pair that I'm going to be shorting. Preferably around 1.3200
Pullback entry: 1.3083
Pullback stop: 1.3066
Pullback take profit1: 1.3178
Pullback entry: 1.3083
Pullback stop: 1.3066
Pullback take profit1: 1.3178