GBP/USD

Updated
GBP/USD has been a masive move upwards. looking at the market on the 4H it has been a bearish momentum for the pas weeks. this bulish move thus has been a majority news based move.

for me it has been overbought and has to come down to decide if the move wil transform from bearish to a bulish trend.

for now its a Sell going in for a bearish move
Note
Trade is moving in profit. Moving SL to entry for incoming targets.
Trade closed: target reached
TP1 got hit. Right now TP2-3 wil be decided with the news release of today.

Looking at the market it’s between life and death right now bulls and bears fighting you get me?…oke that’s a bit dramatic lol
Note
+250 pips. id say close about 80% leave the remaining run for TP3
Supply and DemandSupport and ResistanceTrend Analysis

Disclaimer