MFinlow

More down side to go ??

Short
FOREXCOM:GBPUSD   British Pound / U.S. Dollar
could see a re test to 1.390 then get rejected if so then next support would then be at 1.388

if 1.388 can not hold support then the next support would then be at 1.385
stop loss set at 1.392 risk to reward = 1.92

first profit would be taken just before hitting this level at 1.386
if we bounce off this level price will likely retest previous support at 1.388 before getting rejected and continue lower to 1.385

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