Sellgbpusd
GBPUSD shortHey Traders, above is an update about my swing GBPUSD trading idea, GBPUSD already bounced from 1,32 towards 1.327 as i expected the last week, in current week with bullish DXY Bias mentioned on previous chart, i expect this pairs to drop to 1.29 Levels with over 300 pips potential keeping an eye on this week FOMC too. As usual once we notice any bearish confirmation we might consider executing the trade.
Trade safe, Joe.
GBPUSD shortHey traders, in the coming week we are monitoring GBPUSD for a selling opportunity around 1.342, i like the bearish moves on GBPUSD.
We've been short from 1.377 on this swing trade and now we're looking forwards adding more position at this supply and demand area.
Trade Safe and use proper risk management.
Joe.
10-14 May GBP/USD sell ideaLast week GBP was rising because of weakness of USD. We hit 1.40 resistance level and fell below. Last time when this happened GU fell to 1.3685. I will sell this with target on channels bottom on 1.38. We're waiting for high volatility next week referring to GDP and a lot of bad news for GBP. Feel free to short this one, but set your stop losses above 1.4020. GL & HF