GBP/USD
Price has broken the support line and is going down so i open a short trade
More downward movement
Price has broken the support line and is going down so i open a short trade
Hello Guys its been a while
The Dollar has been weakening but tomorrows Nonfarm Payroll data release will be a decisive factor and i hope to trade GBP.USD after the release of the data tomorrow.
However, for today i took a shot of the 5 minute GBP/USD chart and its looking beautiful
Can you see this rounded bottom chart pattern? It usually signifies a change in trend direction, As you can see the trend shot upwards after the rounded bottom formed.
Have a good night and see y'all tomorrow !!!!
I'm Long GBPUSD at 9503 near yesterday's low. Stop is just below the low.
Update: I'm trading small size on this. Stop is now at BE. If the NY is up (which is against the London trend), I think that low should hold, but let's wait & see. Or I would be stopped out.
I'm Long GBPUSD at 9503 near yesterday's low. Stop is just below the low.
Update: I'm trading small size on this. Stop is now at BE. If the NY is up (which is against the London trend), I think that low should hold, but let's wait & see. Or I would be stopped out.
I've been stopped out at BE on my position. I'll step out now.