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Socahollic

GBP/USD - Short term Buy and then long term Sell

Short
British Pound / U.S. Dollar (OANDA:GBPUSD)  
Socahollic  
OANDA:GBPUSD   British Pound / U.S. Dollar
Trend Analysis
9
0
trendanalysis
Price is in a sell position for on the Monthly and Weekly time frame. Price is also forming a W formation on the H4. If price buys past resistance zone 1 then it should continue buying until resistance zone 2 around (1.25959) and then sell back down to between support zone 1 and 2. Price could also sell around resistance zone 1 (1.24714).
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