GBPUSD: Could be a bottom...
Updated
I like the setup here, people have been comparing to Pound to a 3rd world currency as of late...The technical setup is good in the daily, weekly down trend could fail prematurely here, as this stages a massive comeback. Worth a shot certainly, the recent energy crisis induced fears got people blaming whatever on Brexit, and sentiment was really depressed. Worth a punt considering the BoE's hawkish stance!
Best of luck.
Cheers,
Ivan.
Best of luck.
Cheers,
Ivan.
Trade closed manually
I'm out but I'll keep an eye on this.Note
Another one where I got spooked prematurely...Exit today if still in, time's up
Trade active
New signal to rejoin the trend.
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