GBPUSD: Showing the first bullish signals

We can enter a 0.5% risk long in GBPUSD to get started and then add in the coming days, and tighten the stop as well.
The short term trend has shifted to the upside, and now it's in sync with the daily chart, which shows a potential low is in place, specially confirmed if we don't hit 1.2799 in the next 3 days.
Let's see how this evolves.

Good luck,

Ivan Labrie.

Trade wurde manuell geschlossen:

Failure to break resistance for now, I'm out but holding NZDCAD and AUDUSD that are acting way better than GBPUSD and GBPCAD.

Kommentar:

Short term double bottom on chart. I'm waiting for one more day after today's daily close to go long GBPUSD.

Trade ist aktiv:

We can enter now again, stop at 1.2914. 1% risk at market (1.2985)

Kommentar:

(1.2977)*

Kommentar:

Solid progress.

Trade wurde manuell geschlossen:

I'm out before the news...will reasess after the close.