GBPUSD [ SHORT - TERM ]

Expecting prices to respect trendline with target at 1.27 for the short term.

Note that USDX is currently on a trendline and might find support, in which case GBPUSD could find itself going lower.

Trade geschlossen: Stop wurde erreicht:

USDX moving back down to wick support, will be looking to re-enter again if trendline holds

Kommentar:

Accompanied with back to back good news coming from US, USDX held its trendline.

Will be keeping a lookout for more opportunities in the market.
Especially in the precious metals, when S&P is dumping as well