AlphaTrading-Group

GBPUSD - Trade Breakdown

Short
FX:GBPUSD   British Pound / U.S. Dollar
A follow on from yesterday's chart and this morning's webinar. GBPUSD was a profitable trade set up for us, we are looking to trade the pair again today from the zone marked in the video. We have a high probability short entry at some point today, whether it is from the break of the trend line or from the rejection at the resistance area. If the pair is to long it needs to short to create long structure, this has been explained in detail in the video.

As always, apply your own analysis and trade carefully. For those of you who would like more information on the education we offer at Alpha, leave a comment below and we will get back to you as soon as possible.

All your support is appreciated, see you all on the charts soon.

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