VasilyTrader

ARE WE READY FOR NEW LOW ON POUND???

Long
FX:GBPUSD   British Pound / U.S. Dollar

the third test of a 2016's low on GBPUSD .
it is a crucial moment for the pair and the future direction of the pound closely depends on its reaction.

I admit both scenarios and will be patiently watching market behavior within the underlined area.
taking into consideration current events, everything can happen so be prepared.

I still believe in sterling strength so I am on the bullish side,
but I know a lot of skeptics out there as well!

what is your take on GBPUSD:
will it break or support will be respected?

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