$GBPUSD spikes to 1.242 but loses momentum

By zcsniper
Updated
GBPUSD jumped up to 1.242 with little to non momentum leftover. we should see the price start decaying back to its old resistance / new support around 1.232 - 1.234
Trade active
still active, stalling around 1.242, will keep an eye on the sheets and see what comes before close.
Trade active
market is moving down, this was the momentum drop I was waiting for earlier but I guess we needed to see what the other part of the world wanted. Keeping it active until morning for the possibility of hitting our TP
Trade closed: target reached
GBPGBPUSDgbpusdshortUSD
zcsniper

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