Any pullback on weak GBP is potential Sell for Bear Look into 1 H for potential entry Plan A and Plan B

GBPUSD 4H ( 16 Aug , 2016)

21 in control down trend , any pullback is opportunity to sell .

GBPUSD 1H ( 16 Aug , 2016 )

Look into smaller time frame 1H Plan A sell near daily pivot 1.29 for more conservative entry Plan B wait till it Pullback to 1.2950 area

2 thoughts on “GBPUSD Daily trade plan ( 16 Aug , 2016 )”

  1. Brendon Davis says:

    Plan B looks good. Great work Dan 🙂

    1. Daniel Chan - Forex.Today says:

      Thanks Brendon . I have been selling GBP cross every time there is a nice rally up . May the pips with you .

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