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Short Trade Triggered on The GBPUSD

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Libra Esterlina/Dólar Americano (FX:GBPUSD)  
Sublime_Trading  
FX:GBPUSD   Libra Esterlina/Dólar Americano
Trend Analysis Support and Resistance Pivot Points fx Forex GBPUSD cable support breakout shortsetup Technical Analysis trendfollowing
3
0
trendanalysis supportandresistance pivotpoints fx forex gbpusd cable support breakout shortsetup technicalanalysis trendfollowing
Last post: June 19th. See chart.

Review: Price was trading below pivot support but needed an end of day close below support to offer an entry point to go short.

Update: Price closed below support after which we placed our entry order. The short trade was triggered today.

Conclusion: Price has reversed but we expect price to move against us first. Would now like to see price move towards 1.3000.

Any comments or questions, do not hesitate to leave them below. Give us the thumbs up if you share our sentiments!

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