bjpumping replies to: Cable Update (GBPUSD)

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Long from 1.2865. TP 1.2895/1.2920. SL 1.2845. If EU or GB will say that they got some agreement, GBP will fly, so better keep tight SL for shorts.

Got TP from longs (1.2895/1.2900). New long from 1.2840. TP 1.2930/40. SL 1.2820.
Tomorrow news for GBP. If positive – GBP UP. Saw info that is big chance that EU/GB will have plan anyway and there will be no hard Brexit (that was reason why GBP/USD got to 1.2910). For me this level without tight SL is too dangerous for shorts, because… in these days while is time for meets about Brexit, one word from May or others and GBP fly up. Or Trump… GB already changed cash rate to 0,75%, what is one more good signal for stronger GBP. Trade careful.

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