GBPUSD Short Idea based on Fundamentals

GBPUSD SHORT

Entry _ 1.2287 to 1.2337
SL - 1.2513
TP - 1.2061

Comparing the fundamental and economical data, the interst rates and infaltion alongwith GDP q/q, it is clear that GBP is becoming less demanded currency against the USD. With earlier ranges crossed and mometum shift in process , i believe that GBPUSD is heading for a clear short position from here on .

best of luck

Handel aktiv:

GBP index is reaching it resistance and USd starting to rise .

trade is ative

Kommentera:

no change in the trade setup till now .
it is going on

Kommentera:

This is the formation of an ending structure

Kommentera:

still open.
we shall not move the SL and TP