Shorting GBPUSD here. This looks over extended. The pound had a nice rally. if there is a move it will be to 1.17 but i think it will be limited for above. Right now i am playing the cautios game and reducing a bit my risk as there are a lot of central banks till next week. If i get stopped on this trade i will probably punt another short higher.
Take care and use less risk.
Have a great day!
Take care and use less risk.
Have a great day!
Trade active
Closed some at 1.16208. De risking ahead of ECB..leaving 25% pos running at BE. snipboard.io/sCEgeF.jpgTrade active
The entry was at 1.16208...i exit at 1.1567* ...sstill in the trade...leaving it to BETrade closed: stop reached
Closed at Breakeven... we did bank good on EURUSD though
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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.