Hi traders,
I just entered a gbpusd short trade. As the week opened, I waited for a minor retracement up to the 1.3050 psychological levels. Gbpusd 4hr this morning was not able to break the 1.3050 area, so I entered a short trade at the 1.3050 area. I expect the pair to fall down to the 1.2990 area where I placed my target and my stop loss is at the 1.3110 area. Wishing everyone a happy trading week.
I just entered a gbpusd short trade. As the week opened, I waited for a minor retracement up to the 1.3050 psychological levels. Gbpusd 4hr this morning was not able to break the 1.3050 area, so I entered a short trade at the 1.3050 area. I expect the pair to fall down to the 1.2990 area where I placed my target and my stop loss is at the 1.3110 area. Wishing everyone a happy trading week.