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etraderjournal

Went Short on GBP/USD

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Pound Inggris / Dollar AS (FX:GBPUSD)  
etraderjournal  
FX:GBPUSD   Pound Inggris / Dollar AS
Trend Analysis Beyond Technical Analysis GBPUSD short price action
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trendanalysis beyondta gbpusd short price action
GBP/USD has corrected from its prior downturn on the 1H chart and has touched the 50% fibonacci level and an important support and resistance line.

Correlation indicates continuation of downturn. Reward to Risk is very favorable. Already in the money and will leave it overnight.

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