GBPUSD Short Idea

Updated
Price may once again test the 1.27300 zone on GBPUSD before dropping strongly or immediately from this location. We have a clear break to the downside, where price swept the highs before shortly after a strong rally with the bulls. We'll have to watch to see if DXY sustains its bullish momentum. The GBPUSD might quickly fall considerably lower if the positive momentum continues.

Tell me what you think!
Trade active
Trade closed: target reached
+134 pips
FibonacciTrend Analysis

Also on:

Disclaimer