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Short GBP/USD with Broken Structure & 200d's MA
British Pound / U.S. Dollar
Short
Short GBP/USD with Broken Structure & 200d's MA
By JamesZhang
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Mar 25, 2016
2
Mar 25, 2016
As you can see from the chart, GBP/USD has recently broken the up-trend support line of lows, and it's pretty similar with what happened Feb 17-21.
I am inclined to short it because it's also moving under 200day's MA which is another resistance of GBP/USD.
JamesZhang
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