GBP/USD has been a masive move upwards. looking at the market on the 4H it has been a bearish momentum for the pas weeks. this bulish move thus has been a majority news based move.
for me it has been overbought and has to come down to decide if the move wil transform from bearish to a bulish trend.
for now its a Sell going in for a bearish move
for me it has been overbought and has to come down to decide if the move wil transform from bearish to a bulish trend.
for now its a Sell going in for a bearish move
Comment:
Trade is moving in profit. Moving SL to entry for incoming targets.
Trade closed: target reached:
TP1 got hit. Right now TP2-3 wil be decided with the news release of today.
Looking at the market it’s between life and death right now bulls and bears fighting you get me?…oke that’s a bit dramatic lol
Looking at the market it’s between life and death right now bulls and bears fighting you get me?…oke that’s a bit dramatic lol
Comment:
+250 pips. id say close about 80% leave the remaining run for TP3