July 8th $GBPUSD trade update

July 8th $GBPUSD trade update

Update on yesterday’s trade idea. The trade was opened by The Box as price did indeed come out of the Support zone. Currently the trade is 70 pips in profit and the trailing stop has locked in some of those profits. The target is the 1.50000 level (which was previous support and so may act as resistance going forward).

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s