GBPUSD
GBPUSD Short Bias
State: Open short position
What do I see?
- Building Permits Prel and Housing Starts created a bearish response.
- USDCHF starting a new bullish trend
- My Indicator shows an ideal short entry point
What I would do?
- Entered the position as planned.
- Hold as long as possible and seek for break-even confirmation
- If the SL got hit, I'll wait for the Existing Home Sales report result.
Happy Trading! Good luck!