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ImranEm
Nov 18, 2019 1:13 PM

Time to short GBPUSD in the nearterm? Short

British Pound/U.S. DollarFXCM

Description

It looks like it's a good time to "breathe" for GBPUSD , so it is going to fall for a bit before it does anything else MAJOR. How is this going to work out? thoughts?

Comment

GBPUSD starts falling now, pretty fast for about 110 pips before taking support at around 1.2855 and then we'll see where it goes?

Comment

fell below 1.2855 to 1.2826 and bounced back and is now on its way to the upper edge of the channel. this was a nice trade, thanks <3
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