GBPUSD is currently trading in a descending channel. A breakout of this channel will signify a bullish impulse. However, we'll take advantage of the current range. Short at resistance and long at support. SL should be just slightly above resistance and below support.
Komentar:
GBPUSD is steadily following the channel. A breakout will signify a bullish impulse. However, We will take a short trade with TP at the bottom of the channel and SL just above the channel breakout.
Trade aktif:
Alright, it is time to go short once again. Place stop loss just above the channel breakout. TP is 1.343
Trade aktif:
It's time to go short. GBPUSD has returned to the channel. It would most likely rally to the bottom of the channel in the coming days.
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