GBPUSD Short From Trendline Rejection

17 мар. 2016 г.

Cable has broken to downside and retraced back up to the trendline based on dovish FED. It has been rejected though and so I am expecting another move down soon.

GBP rate decision is in a few hours though, so s/l is being kept tight just above the most recent swing high @ 1.43 area.

I entered in @ 1.4257 and am shooting for 1.414 (61.8 fib retracement). I may move limit downward if upcoming rate decision is unfavorable to GBP.

Thanks for looking, good luck!

17 мар. 2016 г.

Заметка

S/L triggered @1.4300. That was fun.