GBPUSD SHORT
Updated
Clear breakout of the triangle pattern presented to us by the market. before going too heavy on shorts, I am still expecting some pullbacks to occur. Another thing I am watching out for that could lead to potential USD weakness is the fact that the GDP data which is being released on friday might be dovish and cause a slowdown for the dollar.
Nothing much is happening with brexit besides the fact that we are actually getting nowhere really with the discussions. This (I believe) is also starting to have a bearish effect on the pound as the hype is clearing up.
Nothing much is happening with brexit besides the fact that we are actually getting nowhere really with the discussions. This (I believe) is also starting to have a bearish effect on the pound as the hype is clearing up.
Note
Target one has been reached successfully, closing 70% of my position now as I wait for the pullback
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