GBPUSD Sell Update. MAJOR PROFITS AND MORE TO COMEGBPUSD has played out very well from short positions up @1.38250. Price consolidated up there for a bit but plenty of pips could have been caught from that price. Ive shown two potential plays from market open @ 5PM EST time. We could retrace up to 1.37250 and then continue selling down to 1.365 price point. The second scenario that might not offer another entry could be price pushing straight down to 1.365 at the beginning of the week and making a low. Once price hits 1.365 I will release another markup so you can compare to your charts and see if our analysis lines up. I hope everyone has a profitable trading week. IF not profitable then an educational trading week. Happy Sunday and Happy trading.
