GBPUSD: Top of the rally here, or at 1.28

26 בינו׳ 2017

I'm short the Pound from here with a tight stop. If it confirms the turn, I'll add and reduce my stop loss further. If it stops me out I'll wait for 1.28 to be hit to reshort with a tight stop again.
The downside is appealing in this pair, but if we travel above 1.28 with ease, I'd change my stance and give up on shorting it for a while.

Good luck,

Ivan Labrie.

8 בספט׳ 2017

הערה

It sure was the top temporarily.