Looking to fade another leg down on GBPUSD seeing continued bearish momentum.
Note
SL now moved to -25 pips reducing risk to 0.25% with price starting to create some nice bearish movements over the tail end of this week. Looking for the potential for retracement offering another entry short.
Trade closed: stop reached
SL hit at BE with the recent price spike, likely with some EU news regarding travel restrictions set to lift.
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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.