GBPUSD: Could be a bottom...

I like the setup here, people have been comparing to Pound to a 3rd world currency as of late...The technical setup is good in the daily, weekly down trend could fail prematurely here, as this stages a massive comeback. Worth a shot certainly, the recent energy crisis induced fears got people blaming whatever on Brexit, and sentiment was really depressed. Worth a punt considering the BoE's hawkish stance!
Best of luck.

Cheers,

Ivan.

Trade wurde manuell geschlossen:

I'm out but I'll keep an eye on this.

Kommentar:

Another one where I got spooked prematurely...

Exit today if still in, time's up

Trade ist aktiv:

New signal to rejoin the trend.