GBPUSD - Short
Updated
GBPUSDFor the trade:
On daily charts, lower highs and lower lows happening. Its trading at the upper channel line hence the SL is small vs the gain
Against the trade:
DXY is getting weaker, equities are up and cryptos are also up. It means risk on!
In these times, getting a long dollar (GBP/USD) might be risky! But since SL is small, the risk makes sense!
Trade closed: target reached
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