GbpUsd Weekly Swing Short. sorry, late posting, entry was a little bit ago nearer to weekly M3. Might pull back and give you another chance. Bulls will buy this again at the wkP so expect choppiness. Set Stop to break even once it hist the bottom of the 30min flag. Expecting usd strength once us government budget passes to push this short, but GBP bulls could easily continue from the 382, otherwise look for bulls to buy at the 30 min gray shaded area, and retest of the 4hr breakout. Exit on the short is around 1.26000. If retest of this area holds, I may consider becoming a long term bull on GBP for next month with a good pivot set up. It would need to be very strong to overpower possible usd strength.


Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.