FX:GBPUSD   British Pound / U.S. Dollar
Dxy showing strength, 50% level respected, daily close was bearish . should go down to the bottom of channel
Nov 28
Trade closed: target reached: +110 pips
Comment removed.
MannyGuzman MannyGuzman
Ideal entry would be the 50% retracement of yesterdays high, sl right above it and the multiyear trendline, target is the 61.8 and bottom of bullish channel
1:435 risk reward
1% risk on this for me
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Comment removed.
MannyGuzman MannyGuzman
Dxy is showing bullish strength from this key 61.8 Level and I'm expecting it to retrace and test the broken channel!
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MannyGuzman MannyGuzman
@MannyGuzman, Nice shooting star daily close on the 50% retracement level,
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Comment removed.
MannyGuzman MannyGuzman
@MannyGuzman, Multi year trendline RESPECTED again.
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GBPUSD looking BEARISH!
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