Rjptrades93

GBP/USD SHORT TRADE POSITION TAKEN

Short
FX:GBPUSD   Sterlina / Dollaro
I had a daily/weekly uptrend, which was broken then had the end of a falling wedge with a breakout at a key level,
new 4hourly uptrend formed, then on the 1 hourly we had a break and a retest with large engulfing candle,

Looking for position to pull back to the 0.50 fib level with the fundamentals coming into play at 10am
take partial profits manually move stop loss to entry then leave 50% of the trade running risk free to the downside and key level of the fib.
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