GBPUSD Short

Updated
Despite the bullish overall market sentiment, continue to sell GBPUSD based on weekly trend and daily price action, as well as from USD recovery from higher yields in 10yr US T-bonds. TP is set @1.375 and SL @1.40.

marketpulse.com/20180425/gbpusd-pound-under-pressure-as-us-bond-yields-rise/

Daily:
snapshot

Weekly:
snapshot


Confidence: B (must watch out this Friday though and better close position before the GDP news 8:30AM GMT)
Trade closed: target reached
Beyond Technical AnalysisChart PatternsGBPGBPUSDgbpusdbeargbpusdpriceactiongbpusdsellgbpusdshortpriceactionTrend AnalysisUSD

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