GBPUSD short till 1.39
Reason : Final short wave is in progress which will continue and exhaust itself.
Timeframe : 7-8 days. Yes, momentum will be gradual as it's sign for reversal of all short position which were intiated @ 1.4387
Timeframe : 7-8 days. Yes, momentum will be gradual as it's sign for reversal of all short position which were intiated @ 1.4387
Trade active
Upside momentum has shifted. shorts will be start triggering mostly from Monday market opening hoursTrade closed manually
Trade closed as don't see further momentum building. pair to trade between 1.10-1.40 for few more days perhaps more than a week and a half. No point to trade such choppy market.
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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.