Closed and reversed GBPUSD @ 1.5523

11.58 bst

Typical Monday choppiness, and hesitancy on my part too. The GBP is looking toppy and I have decided to reverse here.

Closed long GBPUSD @ 1.5523, -7 pips.

Now short GBPUSD @ 1.5523, SL at 1.5553.

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2 thoughts on “Closed and reversed GBPUSD @ 1.5523

  1. MK

    Hi Zen,
    Gbp short seems to be so appropriate in my opinion. I see a strong price divergence in 1H chart and MACD.Rejection of daily trendline at 1.555x is also in short favour.Wish you a deep T/P…..

    Like

    Reply

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