GBP/USD starting to look over valued

As per diagram

Transaction en cours

Entry 1.2620
Partial profit taken 1.2588
Stops now to b/e

Note

T2 1.2540
T3 1.2490

Trade fermée manuellement

Stop at b/e even tripped. Trade closed for 32 pip move. Still looks overvalued - waiting to re-enter short higher up

Note

Re-entry at 1.2626 targets stay the same

Note

Trade closed with small loss - closed above 1.2646 - possible extension to 1.2725 - still looking overvalued for now though

Note

Re-entry again at 1.2645 - bond yield with extreme divergence from price which is at s/r area - stop above last swing high

Ordre annulé

Closed with small profit at 1.2626 before US data report today

abajwa

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abajwa