GBPUSD - SHORT - 100 Pips!
Updated
Looking for a continuation of the downtrend the pair has been experiencing for the past few weeks. Price has been rejecting the 61.8% Fibonacci retracement level, looking for price to close lower either tomorrow at the end of the week or early next week.
Fundamentally I am bullish on safe-haven currencies, and bearish on the Sterling because of the Delta variant fears and the delay of an increase of interest rates.
Fundamentally I am bullish on safe-haven currencies, and bearish on the Sterling because of the Delta variant fears and the delay of an increase of interest rates.
Trade closed manually
Closed manually at 1.34205 with 75 pips profit.
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