ApexFX_

GBPUSD - could we go again?

Short
FX:GBPUSD   British Pound / U.S. Dollar
We saw a nice 50 pips from our previous trade and adjusting the fib we have reacted nicely off the 50%... again. So, let's see some more dollar power and take this pair down again. Lowered the risk on this one as we have already taken a profit out of the pair. Forex is all about managing your emotions in the trade.

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Comments

i want to place this trade should i go ahead?
+3 Reply
ApexFX_ OGEMPIRE
@OGEMPIRE, up to you. we like set up and are risking 1% on the trade so if you do, make sure you use correct risk management
+1 Reply
Took the trade around 1.33, since the price is on a daily supply zone I expect it to go down and breakthrough h4 zone, long term trade I’ll take profit once it gets half to my tp but this pair and AUDUSD should hopefully start to see some downside movement weeks to come
+2 Reply
faraz99200 faraz99200
@faraz99200 h4 zone around 1.32018
+1 Reply
ApexFX_ faraz99200
@faraz99200, Agreed
+2 Reply
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