GBP/USD Sell-off
Lower trendline of bullish trend has been broken and the price has come back to retest the level which gives us a nice entry for a sell trade. Also there is fundamental pressure on GBP as Boris Johnson quits the office in England. This is a nice small risk high reward trade as always from me, suggest putting SL a bit above the highs of previous couple of hours. Will update my view on the trade as it unfo
Trade active
We are 25pips in profit. Set the stop at break even and wait for target risk free.Trade closed: stop reached
Stopped out at break even so no loss no profit.
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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.