Paun British / Dolar A.S.
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GBPUSD

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I identified downtrend channel on GBPUSD with a few confirmations - we broke important resistance level and also fundamentals play along - weak CPI data from yesterday. It is a good idea to enter short trades on the upper bound of the mentioned channel.

resistance level @1.30515

fundaments - weak data from Britain:
July 18th - Great Britain
Core Consumer Price Index (YoY) June
Consumer Price Index (YoY) June

I have short trades open right now.
Dagangan ditutup: hentian tercapai
so, this trade did not end up well. But we can say our SL @1.31000 was well set and by using proper risk management the damage was controlled.

Penafian

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