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British Pound / U.S. Dollar
Short

GBPUSD hit the wall

By dchua1969
Updated
It has hit the 50% FIB level and is now retracing. We are shorting this pair and a few other cross pairs as well. Trade safely, always use SL.
Note
a nice pin bar formed. we take a short here
Note
cnbc.com/2017/11/28/british-pound-jumps-on-report-eu-and-uk-have-reached-deal-on-brexit-bill.html
Note
we are out for a loss as it has surpassed the 618 level fiercely. It is now at 78.6 FIB level, highly going to touch the 1.36 price zone.
Chart PatternsTrend Analysis
dchua1969

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