Dc5

Go with the flow

Long
OANDA:GBPUSD   British Pound / U.S. Dollar
5
By Trumps unexpected jawboning, the price spiked to 1.2575 then consolidated briefly to about 1.250. Accepting my fault and licking the wound, I decided to exit and reverse the course of my trade to long. Since the price action breached a new trend line (blue line) at 1.2493 and headed back to 1.2575 trying to reach the trend resistance at 1.26005, I an convinced for a short term bullish trend to reach at least the price channel's resistance at around 1.26 (green line)
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