GBP USD short trade - BabyPips.com Forex Forum

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GBP USD short trade

GBPUSD Discuss price action in the British Pound versus the US Dollar.

#1 (permalink)

10-08-2009, 11:47 PM

trustFX

Junior Member

Join Date: Jul 2009

Location: Sydney, Australia

Posts: 68

GBP USD short trade

I like this short trade as the charts look really good ... that might makes it dangerous

P: 1.6029
SL: 1.6150

Targets are

1.5870 (previous swing low)
1.5790 (lower range support)
1.53 (about 100% extension from neckline and also a former consolidation zone)

I posted more details incl. charts here: GBP USD Short Opportunity

Last edited by trustFX; 10-09-2009 at 12:26 AM.

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