Not hard to beat really when you have a small chap like mine! I like to use the term it's not the size of the ship it's the motion in the ocean ;) ladies love it.
Anyway, GBPUSD. We witnessed the pair get trapped between a bullish and a bearish trend and bounced between these levels. We have noticed a break to the upside through the night last night and price...
So as this is described a nats... you know... is very short ;)
This pair we took the short route due to a few reasons. Massive breakout from the bullish 4hr trendline that saw a Huge 500+ plus pip drop to our level of support. This then broke and from there we waited for a retest which you can see happened so from there we entered the short position.
As we are...
Following a beearish break with some strength on the RSI we can expect to see some sort of retest of the lows. However I would be wary of the support level this came off from looking left.
