Long

GBPUSD long -- Random trade idea

By KarmanDeLange

Updated

Random trade idea on GBPUSD .. I have no clue about FX. DYOR.

Purley based on DXY bias, S/R and PA patterns

Trade active

Note

If dxy turns at daily support, this might retrace, so just keep eye on things and don't let it retrace to entry

Note

Nice rejection on the 1hr trend. Not sure why GBP is having strength .. apparently some deal signed ? cause dxy is not really showing weakness

Note

ignore the DXY part. just notices bearish rejection of trend

Note

not looking good

Note

ISM report coming out hot is not good for this trade.. pushed $ up,

but lets see.. maybe GBP will follow

Trade closed: stop reached

I was really hopping EU/GBP will have more strength over $. but allas, Trading is fun

KarmanDeLange

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