Raise SL on GBPUSD Order from 30 Jan

By | January 31, 2017

Re. Long Sterling order to buy

GBPUSD @ 50% @ 1.2515 and 50% @ at 1.2465.

These were both triggered, giving us an average rate of 1.24875.

In light of the rising trend line, nearby at 1.2480, which ties in with the 200 HMA, it might now be wise to raise the SL to 1.2470 on 100% of the orders, from 1.2390.

The 4 hours charts still point sharply lower, suggesting that we could see the support tested again.

Keep the original TP level intact at 1.2770