GBP/USD trade idea
Updated
Looking at the chart we can see that the price is moving in a zone of resistance that was respected in the past.
We do see that there was also one breakout of the zone and after that a big drop.
I would go short now and see what the deal is. For now I would only risk 0.2% and not more because this is for me more a way to see what the price does here.
We do see that there was also one breakout of the zone and after that a big drop.
I would go short now and see what the deal is. For now I would only risk 0.2% and not more because this is for me more a way to see what the price does here.
Note
Resistance zone was already broken before we got in. Trade invalid.
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