Short GBPUSD
Let me refer back to the yesterday’s upside move. GBPUSD broke my minor resistance and tested the psychological level at 1.44000. Hopefully we closed the day below that price at 1.43976 which is the sort of a sign for the cable to go downwards. The H4 chart has been giving me a short signal but not yet confirmed. I am not a big fan of all those bats, abcde or whatever patterns but cable is being traded within the channel and locked within the triangle so the next move to 1.42800 is logical. But this is forex so forget about this logic for a moment.
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