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GBPUSD: Stop above 1.28 Target 1.27 or 1.25
British Pound / U.S. Dollar
Short
GBPUSD: Stop above 1.28 Target 1.27 or 1.25
By Rocketman
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Updated
Aug 3, 2016
1
Aug 2, 2016
As time move on, the price becomes clearer. as GBPUSD goes up, I enter more short position at key levels.
Risk to this trade is dollar weakness. This is something I am watching out for.
Aug 3, 2016
Note
US ADP came out great. This is good for the US Dollar. My thesis is correct. This trade looks very promising.
Aug 15, 2016
Note
Entered more on Friday and more today...aiming for other targets.
Rocketman
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