4H view of GBPUSD Buy Limit

Jun 21, 2017

Smaller scale chart of previously posted GBPUSD buy limit opportunity

Jun 28, 2017

Note

Price bounced beautifully of our buy zone, the big move was motivated by USD weakness combined with statements from BoE's Carney that stimulus program will slowly be reduced.

Jul 17, 2017

Trade active

Stops now moved to 1.28 and 50% of profits have been taken off. We are waiting for further bullish continuation.

Aug 2, 2017

Trade closed: target reached

GBPUSD hit our target so we closed another 25% of our profit. I see a new dollar weakness trend beginning so I will still hold off on some of our positions for another wave upwards.