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RandyFuego

GBPUSD Short Swing Opportunity 1D

Short
British Pound / U.S. Dollar (FX:GBPUSD)  
RandyFuego  
FX:GBPUSD   British Pound / U.S. Dollar
Trend Analysis Fibonacci Trend Lines
7
0
trendanalysis fibonacci trendline
GBPUSD
Entry Below - 1.25723
TP - 1.09086
SL - 1.27488
UK extends lockdown to 3 more weeks. Strong pessimism on the GBP will drag the cable to historic lows in the upcoming weeks.
Do expect a sequence of bearish candles towards the bottom of the predicted daily channel. 1.09086 being the first target for our swing short.
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