S1 shows @ 1.2932. Firm break may indicate Bearish trend continues, targeting 1.2588.
Break of 1.2588 likely confirmation of continual downtrend to 1.2100
Entry Market Order @ 1.2925
T/P @ 1.2600
Break of 1.2588 likely confirmation of continual downtrend to 1.2100
Entry Market Order @ 1.2925
T/P @ 1.2600
Note
GBP/USD reached low of 1.2952, breaking primary 1.3000 support level.Very good signals of further drop to occur to trigger current Entry Order target. Watching closely.
Note
Pair is currently in corrective state. Firm break of 1.2932 still needed. Firm break of 1.2588 confirms Bearish trend is resuming.Note
GBP has 8 news releases tomorrow (Thursday). Data should give clear signal as to which direction to trade. Holding Short Entry.Note
T/P changed to 1.28750Order cancelled
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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.