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JPAZ_Holdings

GBP long off most oversold in 6 months, scalp try #2.

Long
British Pound / U.S. Dollar (FX_IDC:GBPUSD)  
JPAZ_Holdings Updated   
FX_IDC:GBPUSD   British Pound / U.S. Dollar
Harmonic Patterns Trend Analysis
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harmonicpatterns trendanalysis
Giving this another go. We are at more substantial support on the daily. However, pressure remains heavy, I don't think it will make it more than 100 pips. As usual, a second stink bid in place.
Comment:
Solid trade thus far. Entry 2 was hit and TP 1 was reached. TP 2 is being adjusted to 1.4018 from 1.3996. Stop for 2nd remains at 1.3886.
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