GBP/USD
Strategy: Short at 1.6648, Targeting 1.5802
Weekly Profit / Loss: +119 pips
Total Profit / Loss: +708 pips
We sold GBPUSD at 1.6648. Prices surpassed our revised target at 1.6132 and most recently came off resistance at the top of a falling channel established from the swing top in November. We will remain short, maintaining a stop-loss at the break-even point (1.6648) and targeting a move to 1.5802.
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