GBPUSD has been in downtrend for very long time. Tried to go up after breakout of trend and double bottom, but got rejected once again on daily resistance level and now it broke the minor support and is retesting. Enter trade only if you see bearish momentum when market opens or for safety when it breaks the support that created double bottom.
Trade at your own risk. If you are in profit, move SL to BE for risk free trade but do not more SL to BE too early.
It is your choice to get in retracement trades as I only trade with the trend.
Trade at your own risk. If you are in profit, move SL to BE for risk free trade but do not more SL to BE too early.
It is your choice to get in retracement trades as I only trade with the trend.