GBPUSD SHORT
Entry _ 1.2287 to 1.2337
SL - 1.2513
TP - 1.2061
Comparing the fundamental and economical data, the interst rates and infaltion alongwith GDP q/q, it is clear that GBP is becoming less demanded currency against the USD. With earlier ranges crossed and mometum shift in process , i believe that GBPUSD is heading for a clear short position from here on .
best of luck
Entry _ 1.2287 to 1.2337
SL - 1.2513
TP - 1.2061
Comparing the fundamental and economical data, the interst rates and infaltion alongwith GDP q/q, it is clear that GBP is becoming less demanded currency against the USD. With earlier ranges crossed and mometum shift in process , i believe that GBPUSD is heading for a clear short position from here on .
best of luck
Trade active
GBP index is reaching it resistance and USd starting to rise . trade is ative
Note
no change in the trade setup till now . it is going on
Note
This is the formation of an ending structureNote
still open. we shall not move the SL and TP
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Disclaimer
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.