Lanmar

British Pound setting up for a big move down before August 2018

Short
Lanmar Mis à jour   
FX:GBPUSD   Livre sterling / Dollar américain
On July 2017 I published the long term risks associated with the British Pound once we would reach the pre-Brexit USD fx rate. Nearly 1 year later we are now in the pre-Brexit zone. I think late spring/early summer will reignite the bearish trend lower. I am not short yet. I am waiting for a break of the curve or high 1.40s (>1.47).

July 2017
Commentaire:
Price is now resting on the curve.
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I am prepared to short if the right price action signals it.
Commentaire:
Commentaire:
daily confirmed

weekly confirmed

Short from 1.4120
Transaction en cours
Commentaire:
+1100 pips so far.
Trade fermée: cible de profit atteinte:
Profit taking time. Closing shorts, now looking for longs.

Commentaire:
Beautiful reversal from targets. Went long at 1.30xx
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