GBPUSD PERFECT SETUP TO SHORT
Updated
GBPUSD has now have a perfect setup to go for short for many reasons. first and foremost out tni trading system on 240 min chart has given a short signal below 1.34420. Second according to our 2017 forecast based on time cycle theory we have in negative time zone for GBPUSD. Also according to box theory GBPUSD in recent few months have shown tendency to turn direction after 16-17 trading days and 27-28 trading days. So Short/Sell GBPUSD below 1.34420 with stoploss of 1.36310. For 1st tgt of 1.31430 and then 1.30000
Note
bring your stop loss to break even point and get out of the trade as tbi signal is suggesting there could be a reversal
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