MarlyForex

GBPUSD - Still Short

Short
MarlyForex Updated   
FX:GBPUSD   British Pound / U.S. Dollar
23
This pair has been quite stubborn recently not giving the clearest of technical opportunities however,
we have broken both short and long term Ascending Trend lines with a downside move highly on the cards
this is my current position after correcting back into my entry level i have decided to extend my stops by 25 Pips(as shown)

The Daily chart does have a Bullish harami pattern which I'm not to concerned with considering shown USD strength
Stops just above 4hr 50 Ema.
Comment:
TP 1: Monthly Supp

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