tyross

GBPUSD shorting idea

Short
FX_IDC:GBPUSD   British Pound / U.S. Dollar
based on the 4hr support was broken and now become resistance....

going down to the 1hr you have now 2 tests on the new found resistance... a hold here as a double top would cause the pound to fall

my target would be a 78.6% fib retracement of the current rally.... giving a 150 pip sell opportunity.

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