www.fxtrainingzone.com GBP/USD short trade based on the 4 hour closing candle: – 4H close below previous support at the 1.6290 zone. – 4H shooting star formation (almost a mini evening star) showing lack of momentum. – 1D has placed a lower high and double top, together with the 8EMA flatting off. – 1H showing a lower high and lower low, which indicates lack of buying momentum & rhythm.

In the video I describe how I traded gbp news today in gbp/jpy pair and I also started sharing about support and resistance trading, which I will continue doing next time. My forex news trading strategy is fully described in: hubpages.com Visit, read and enjoy.