11.22.16
by

Bid GBPUSD at Rounded Retest @ 1.2420

566

Entry @ market.

SL @ 1.23750

TP @ 1.26300

Nice rounded retest here. Pretty strong level. COT data indicates non-commercial speculators are bid on sterling. USD slightly weakening from highs of DXY @ 101.5 gives a bit more impetus on cable bids.

Advertisement

Leave a Reply

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

Gravatar
WordPress.com Logo

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

Facebook photo

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

Cancel

Connecting to %s