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One100fish

High risk to reward short swing trade

British Pound / U.S. Dollar (OANDA:GBPUSD)  
One100fish  
OANDA:GBPUSD   British Pound / U.S. Dollar
Trend Analysis Chart Patterns Fundamental Analysis macro GBPUSD gbpusdshort
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trendanalysis chartpattern fundamental macro gbpusd gbpusdshort
GBPUSD
Looking at the price action and 200 ema rejection on the weekly coupled with the record -20.4% GDP I see a good short here.

target is somewhere in the 1.25s as this is the 61.8 retracement zone from GBPUSDs recent impulse push.
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