GBPUSD - Sell (Daily time frame)

By Socratesinc
GU has been rising strongly the past 4 days, but today she SHOT UP. Let's not forget that price always moves with purpose. GU didn't fly up for the fun of it, it shot up towards this daily short, price is currently in profit 30 pips from the highest entry.
We entered in at 1.31689, we will hold until the next resistance level. There may even be a fib long in the 15 min time frame coming up.
Chart PatternsFibonaccifibsdontliesocratesincTrend Analysis

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