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WhosPipsAreTheseAnyway

GBPUSD - SHORT

Short
British Pound / U.S. Dollar (FX:GBPUSD)  
WhosPipsAreTheseAnyway Updated   
FX:GBPUSD   British Pound / U.S. Dollar
Trend Analysis Chart Patterns Technical Indicators GBPUSD gbpusdshort gbpusdanalysis gbpusdsignal gbpusdtrade gbpusdidea gbpusdsell gbpusdforecast gbpusdsetup
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trendanalysis chartpattern indicator gbpusd gbpusdshort gbpusdanalysis gbpusdsignal gbpusdtrade gbpusdidea gbpusdsell gbpusdforecast gbpusdsetup
Cable is retesting the 1.3960 resistance area with the key pivots up at 1.3980 and 1.40 level.
I would therefore look to sell GBPUSD around the 1.13980 level and would add another sell around the 1.40 level and stop both clips around the 1.4027 (61.8%) fibbo resistance lvl .

I remain a dollar bull and therefore continue to sell the rallies in this pair.

GBPUSD short 1 @ 1.3980
TP: 1.38
SL: 1.4027

Goodluck!
Comment:
Trade running nicely in the profit of +80 pips! Move SL to entry to protect capital..
Comment:
Closed half the trade for a profit of + 95 pips, will leave the other half to run risk free..
Comment:
Trade is running nicely at +155 pips in the money! (currently at 1.3825) Still in it, looking to close at 1.3800.
Comment:
Closed all at 1.3830 for a profit of +150 pips!
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