GBP/USD Bearish outlook

S1 shows @ 1.2932. Firm break may indicate Bearish trend continues, targeting 1.2588.
Break of 1.2588 likely confirmation of continual downtrend to 1.2100

Entry Market Order @ 1.2925
T/P @ 1.2600

Kommentar:

GBP/USD reached low of 1.2952, breaking primary 1.3000 support level.
Very good signals of further drop to occur to trigger current Entry Order target. Watching closely.

Kommentar:

Pair is currently in corrective state. Firm break of 1.2932 still needed. Firm break of 1.2588 confirms Bearish trend is resuming.

Kommentar:

GBP has 8 news releases tomorrow (Thursday). Data should give clear signal as to which direction to trade. Holding Short Entry.

Kommentar:

T/P changed to 1.28750

Order storniert