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alexkyp

GBPUSD potential SELL

Short
British Pound / U.S. Dollar (FX:GBPUSD)  
alexkyp  
FX:GBPUSD   British Pound / U.S. Dollar
Trend Analysis Chart Patterns
2
0
trendanalysis chartpattern
-The upward trend for the pair has ended around the 1.3 area now with a downward move that broke below the fibonacci support at 1.29 the door open for the 1.28 are and then the 1.2750 where the 200 EMA is currently.
-The pair bounced at the 50 EMA but if the US Dollar continues to strengthen we can expect it to break the 1.850 area
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