Potential re-test of 1.4080 !

GBP/USD is in strong technical downward and also fundamental downtrend due to lack of stability for the rate hike and potential leaving of Eurozone. Be careful when buying GBP/USD and watch for potential selling. I expect potential re-test of 1.4080. Of course, exit or secure position before FED interest rate decision in 2 days.

Trade stängt manuellt:

GBP don't have good conditions on futures market as like on COT report, which is the sign that trading GBP pairs can be very dangerous. So, I closed this setup on +3 pips (breakeven) ! Be careful when trading GBP pairs.