The short position fell a few pips short of the full target. Now looking to enter long after a flag following the impulsive move up back towards the 122 area.
A bullish flag is forming nad clearly visible on H1 and H4. Looking to buy again at the break of the flag.
The pound has been showing weakness and taking a beating against all majors. The price is now stalling at a level where it has reversed before multiple times.' Will be looking for entry signals to the downside.
1 more leg down to complete the big corrective move we saw in December 2018.
Been tracking this one very well for some time now. Nicely skewed risk reward ratio for a possible short position with a tight stop.
Expering more downside on this pair towards the previous lows. Tight stop loss above the bear flag on H4.
After the last move down, GBPUSD has been consolidating in what looks to meet the description of a triangle. The price looks set to test the 1.3900 area after a small continuation flag.