British Pound / U.S. Dollar
Long
Updated

GBPUSD: Could be a bottom...

340
I like the setup here, people have been comparing to Pound to a 3rd world currency as of late...The technical setup is good in the daily, weekly down trend could fail prematurely here, as this stages a massive comeback. Worth a shot certainly, the recent energy crisis induced fears got people blaming whatever on Brexit, and sentiment was really depressed. Worth a punt considering the BoE's hawkish stance!
Best of luck.

Cheers,

Ivan.
Trade closed manually
I'm out but I'll keep an eye on this.
Note
Another one where I got spooked prematurely...
snapshot
Exit today if still in, time's up
Trade active
snapshot
New signal to rejoin the trend.

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