British Pound / U.S. Dollar
Short
Updated

Short term trade, short SL if doesn't work

163
Take opportunity as price is hitting strong trend lines,
set SL tight above the trend lines or some previous support

TP1 1.293
TP2 1.283

assessed from fib. retracements

I have not examined fundamentals for this trade,
also another pair of interest can be gbpnok, as norwegian has some potential to turn high today
Note
correction, some previous resistance (maybe around 1.306)
Trade closed manually
Exit at 30 pips loss
Daily price closed above the trendlines, therefore trade motive is not valid anymore.

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