GBPUSD - Still Short
Updated
This pair has been quite stubborn recently not giving the clearest of technical opportunities however,
we have broken both short and long term Ascending Trend lines with a downside move highly on the cards
this is my current position after correcting back into my entry level i have decided to extend my stops by 25 Pips(as shown)
The Daily chart does have a Bullish harami pattern which I'm not to concerned with considering shown USD strength
Stops just above 4hr 50 Ema.
we have broken both short and long term Ascending Trend lines with a downside move highly on the cards
this is my current position after correcting back into my entry level i have decided to extend my stops by 25 Pips(as shown)
The Daily chart does have a Bullish harami pattern which I'm not to concerned with considering shown USD strength
Stops just above 4hr 50 Ema.
Note
TP 1: Monthly Supp
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