Daniel Ang

Selling Opportunity in GBP/USD - Tue, Nov 22, 10:00pm. Closed Out Short Position Wed, Nov 23, 02:49am +$48.84

Chart GBPUSD, H4, 2022.11.22 14:05 UTC, Tradeview, Ltd., MetaTrader 4, Real

Overnight, GBP/USD rebounded to a potential intraday high at 1.1903 in early NY trading tonight and started to slip. One of the idea going into this week's trading was to sell GBP/USD for a potential resumption of the decline from 1.4248 which peaked at June 2021. If so, we could see a significant decline towards the 1.09 handle.

TRADE IDEA

Sold @ 1.1881. Tue, Nov 22, 22:00pm. Closed Out Short Position Wed, Nov 23, 02:49am 

Stop @ 1.2040.

Target @ 1.0940