GBPUSD

GBPUSD has dropped to the bollinger brand (BB) and also little downside from here.
I expect go long above nearby resistance. GBP is heavily oversold so think a major upside rally to unfold for correct the bearish extreme.
My entry was 1.25 with Stop Loss 1.2360 and target will be 1.30 to 1.3179.

Trade attivo:

The worse a situation becomes the less it takes to turn it around, the bigger the upside.
George Soros, A legendary traders.
The man who broken the Bank of England.

So this is the best time to catch best odd reversal.
Just little change move Stop Loss from 1.2360 to 1.23, let’s see.

Trade chiuso: stop raggiunto:

Gbpusd too hit stop loss.