Selling Opportunities in GBP/USD - Mon, Oct 10, 2022. #1 Limit Sell Order Filled Thu, Oct 13, 19:33pm. #2 Limit Sell Order Filled Thu, Oct 13, 19:37pm. Closed Out all Short Positions +$200.24 Fri, Oct 21, 2022 15:51pm

Chart GBPUSD, H1, 2022.10.10 05:08 UTC, Tradeview, Ltd., MetaTrader 4, Real

The relief rally last week in GBP/USD after the UK government made a policy u-turn on their proposed tax cut may be weaning after it hit a high at 1.1495 last Wednesday (Oct 5). If so, a selling opportunity may arise if there is a rebound from this morning low of 1.1058. The idea is to re-position shorts for another test of the year's low at 1.0359 and beyond.

TRADE IDEAS

#1 Sell Limit @ 1.1219. Target @ 1.0360. Order Filled Thu, Oct 13, 19:33pm. Closed Out Fri Oct 21, 15:521pm +$54.24

#2 Sell Limit @ 1.1257. TBA. Order Filled Thu, Oct 13, 19:37pm. Closed Out Fri Oct 21, 15:521pm +$146.00

All Stops @ 1.1390