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British Pound / U.S. Dollar
Short

GBPUSD Short

By aiza_belle
Updated
Revision to previous idea yesterday. To enter a short stop order @1.25689 with TP on S1 pivot level and SL near current base pivot level (which is also the end of current candle).

fxstreet.com/news/gbp-usd-testing-12600-on-poor-uk-data-201612070955

W:
snapshot
D:
snapshot
Comment
dailyfx.com/forex/market_alert/2016/12/07/British-Pound-on-the-Back-Foot-on-Weaker-Than-Expected-IP-Data.html?DFXfeeds=forex:market_alert
Trade closed: stop reached
Got whipsawed unfortunately, BUT still pushing through this idea (unless a reversal is confirmed later on). I'll be adjusting the SL and entry to avoid getting whipsawed again and setup the stop order during Asian session or before the UK session instead of the NY session (where historically 95% of my losses happened).
GBPGBPUSDshortUSD
aiza_belle

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