GBPUSD towards 1.2100?
Since July 2014 that GBP is bearish against the USD. It fell from 1.6800s to the 1.1800s in October.
The Uptrend from October was broken today (15/12) and it could lead to a fall towards the next short-term support area, over the 1.2100s.
Short Position 1.2550
Stop Loss - 1.2630
Profit 1.2350 to 1.2100
The Uptrend from October was broken today (15/12) and it could lead to a fall towards the next short-term support area, over the 1.2100s.
Short Position 1.2550
Stop Loss - 1.2630
Profit 1.2350 to 1.2100
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