FX:GBPUSD   British Pound / U.S. Dollar
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4
Ok. My Entry into this trade was 1.2135, after a week of choppy price movement. As a swing trader i see we are in a range.

We are now trading @ 12163. If Brexit triggering does make this market fall, i cant see enough volume for the down side aggressive . On the other hand, i can see a rally to the upside. So as usual, tight stops @ 12110 No lower, Entry above 12140 . Targets higher @122/123 This is my scenario. Keep an eye on the price. If you enter and get pull down, hedge and return trade..

Comments

Ok. We have reached the 122 area as predicted, we are now in a Rally.
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