GBP/USD trading

doubled size on long GBP.

 

decreased size in half

 

bullish price action, 1.9618 SL didnt hit. Price currently at 1.9717

 

closed gbp positions for minimal gain. bond bear move starting.

 

selling 1.9702 bond bear move gaining more momo now.

 

selling 94's.

 

price action summation bullish. GBP retail sales should be strong report in 12hrs. And USD consumer sentiment tomm.

USD consumer sentiment should come in strong.


so breakthrough to upside above 1.9740-50 ----> 1.9800

Proft taking before usd consumer sentiment.

 

Next 8hrs 30 pip range trade. Selling 40's covering 15's.

 

Seems today will not be good day for cable...for my system it will fall but it will not be hard move...as I see it eur/gbp will push him!

GL & GT

 

For shorters it is good point for entry //1.9740-45//

GL & GT