GBPUSD - SHORT - 120 Pips!
Looking for a continuation of the downtrend the pair has been experiencing for the past few weeks. Got in on a short position as we rejected the 61.8% Fibonacci retracement level retested the previous weekly low.
Fundamentally I am bullish on safe-haven currencies, and bearish on the Sterling because of the Delta variant and the delay of an increase of interest rates.
Fundamentally I am bullish on safe-haven currencies, and bearish on the Sterling because of the Delta variant and the delay of an increase of interest rates.
Trade active
30 pips in profit, moving SL to break-even.Trade active
Trade is still active, price almost hit SL.Trade closed: stop reached
SL hit at break-even
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.