Selling GBPUSD pair based on the bigger picture. Looking at the structure, the market has given us the correction and looks like a nice break of that correction. The pair since December has given us a lot of lower highs and a nice downtrend to continue following. Depending on how the market reacts, we may get to see the price continue lower to fill the start of the correction back in September
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I would like to trail the stop based on this price (1.30811) hope it can guide you guys through managing your tradeTrade active
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Stop Loss Moved to Breakeven/1%
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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.