Cable is retesting the 1.3960 resistance area with the key pivots up at 1.3980 and 1.40 level.
I would therefore look to sell GBPUSD around the 1.13980 level and would add another sell around the 1.40 level and stop both clips around the 1.4027 (61.8%) fibbo resistance lvl .
I remain a dollar bull and therefore continue to sell the rallies in this pair.
GBPUSD short 1 @ 1.3980
TP: 1.38
SL: 1.4027
Goodluck!
I would therefore look to sell GBPUSD around the 1.13980 level and would add another sell around the 1.40 level and stop both clips around the 1.4027 (61.8%) fibbo resistance lvl .
I remain a dollar bull and therefore continue to sell the rallies in this pair.
GBPUSD short 1 @ 1.3980
TP: 1.38
SL: 1.4027
Goodluck!
Note
Trade running nicely in the profit of +80 pips! Move SL to entry to protect capital..Note
Closed half the trade for a profit of + 95 pips, will leave the other half to run risk free..Note
Trade is running nicely at +155 pips in the money! (currently at 1.3825) Still in it, looking to close at 1.3800.Note
Closed all at 1.3830 for a profit of +150 pips!
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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.